EUR/USD Short Play: Pressure Building Below Key Resistance

EUR/USDShortIntraday2h ago1 views

Trade Setup

Entry Price

1.0893

Stop Loss

1.0950

Take Profit

1.0751

Risk : Reward

1 : 2.49

RiskReward

Market Read


EUR/USD is stuck in a sideways grind around 1.08816, within the 1.08342 – 1.0929 day range. While the overall trend is muted, I see price struggling to gain real traction above 1.09. The technical picture indicates sellers could step in soon, pushing us towards the lower end, or even a breakdown.

The Setup


My focus is a short on EUR/USD. Entry at 1.0893. This is a fade from current levels

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