EUR/USD: My short setup after a sideways grind. Levels are clear.

Market Overview

EUR/USD still grinding sideways around 1.08743, within the 1.08379 - 1.09107 daily range. We've seen it struggle at the 1.0911 resistance recently, with a 0.22% move up today not changing the overall sentiment much.

My Setup: Shorting the Euro

Taking this trade short on EUR/USD. My entry is at 1.0892, with Stop Loss at 1.0979. I'm aiming for Take Profit at 1.0761. Looking for a pullback here as it failed to convincingly break 1.0911. The 1.09 and 1.095 resistance levels are holding firm, suggesting potential for dollar strength to creep in. If 1.0838 support breaks, it opens the path to 1.075. Clean setup for a swing trade.

What are your thoughts?

Still learning, always good to hear other perspectives. What are you seeing on EUR/USD?