Weekly EUR/USD Outlook: Short Opportunity
EUR/USDShortIntraday1d ago3 views
Trade Setup
Entry Price
1.0832
Stop Loss
1.0882
Take Profit
1.0707
Risk : Reward
1 : 2.50
RiskReward
Technical Analysis
EUR/USD has formed a strong double top on the 1-hour chart. Entry near 1.0832 with stop below 1.0882.
Fundamental Context
The macro environment favors short positions on EUR/USD. Keep an eye on upcoming data releases.
Trade Setup
Entry at 1.0832 with stop at 1.0882 gives a clean 2.5:1 ratio. Target: 1.0707.
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