EUR/USD: Short Position Setup as Resistance Holds

EUR/USDShortPosition3h ago2 views

Trade Setup

Entry Price

1.0860

Stop Loss

1.0876

Take Profit

1.0828

Risk : Reward

1 : 2.00

RiskReward

Market Structure and Technical Confluence


The EUR/USD pair currently trades at 1.08567, exhibiting a distinct sideways trend over the past 24 hours, contained within a range of 1.08466 to 1.08668. The structure is clear: price has repeatedly struggled to sustain gains above the 1.0867 resistance

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