EUR/USD Short Play: Pressure Building Below Key Resistance
EUR/USDShortIntraday2h ago3 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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