EUR/USD at Critical Level — Short Setup Forming

EUR/USDShortPosition4h ago3 views

Trade Setup

Entry Price

1.0839

Stop Loss

1.0891

Take Profit

1.0734

Risk : Reward

1 : 2.02

RiskReward

Technical Analysis

Looking at the daily chart, EUR/USD is showing a clear ascending triangle pattern near the 1.0839 level.

Fundamental Context

Fundamental catalysts align with the technical picture here. EUR/USD has room to move.

Trade Setup

Entry at 1.0839 with stop at 1.0891 gives a clean 2:1 ratio. Target: 1.0734.

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