EUR/USD Short: Targeting Downside Pressure in Sideways Action
EUR/USDShortIntraday4h ago3 views
Trade Setup
Entry Price
1.0835
Stop Loss
1.0877
Take Profit
1.0731
Risk : Reward
1 : 2.48
RiskReward
EUR/USD Setup: Clear Levels for an Intraday Short
Alright team, eyeing EUR/USD. It's trading at 1.08269 right now, caught in a sideways grind. However, the last 24 hours show a -0.21% move, a subtle bearish bias setting in. I'm looking to capitalize on this short-term pressure. The levels are clear for a quick intraday play.
Technicals & Rationale
Despite the wider sideways trend, I'm watching for a push towards 1.0835 to go short. My stop is tight at 1.0877, just above the daily high of 1.08615 and the 1.0862 resistance. The trend is your friend, even within a range
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