EUR/USD: Resistance Play - Short Setup

EUR/USDShortScalp1w ago15 views

Trade Setup

Entry Price

1.0860

Stop Loss

1.0874

Take Profit

1.0825

Risk : Reward

1 : 2.50

RiskReward

EUR/USD is stuck in a sideways grind around 1.08577, currently trading within a tight 1.08461 – 1.08693 day range. The key resistance at 1.0869 is holding firm for now, which sets up an interesting opportunity.

Short Setup: The Trend is Your Friend (Eventually)


I'm looking for a short scalp on EUR/USD. My entry is set at 1.086, just under that 1.0869 resistance. Stop loss at 1.0874, above the daily high. Take profit targets

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