EUR/USD: Stalling at Resistance - Time for a Short Play?

EUR/USDShortIntraday1w ago5 views

Trade Setup

Entry Price

1.0890

Stop Loss

1.0943

Take Profit

1.0758

Risk : Reward

1 : 2.49

RiskReward

Market Outlook


EUR/USD is currently at 1.08794, moving sideways after testing resistance. We saw a stall around 1.0924, just below the 1.095 level, following the recent ECB news. The market is asking: breakout or reversal? My take is reversal, at least intraday. The 24h change is

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