EUR/USD Short: Evaluating Resistance for a Move Lower

EUR/USDShortPosition4d ago3 views

Trade Setup

Entry Price

1.0878

Stop Loss

1.0924

Take Profit

1.0787

Risk : Reward

1 : 1.98

RiskReward

Market Overview and Technical Rationale


The EUR/USD pair is currently trading at 1.0869, exhibiting a sideways trend over the past 24 hours with a modest 0.18% gain. The day range has been contained between 1.08405 and 1.08976, indicating a lack of strong conviction from either bulls or bears

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