Weekly EUR/USD Outlook: Long Opportunity

EUR/USDLongScalp2d ago3 views

Trade Setup

Entry Price

1.0868

Stop Loss

1.0816

Take Profit

1.0997

Risk : Reward

1 : 2.48

RiskReward

Technical Analysis

EUR/USD has formed a strong bearish engulfing on the 15-minute chart. Entry near 1.0868 with stop below 1.0816.

Fundamental Context

Fundamental catalysts align with the technical picture here. EUR/USD has room to move.

Trade Setup

Position sized for 2.5:1 R:R. Will trail stop once in profit.

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