EUR/USD: Watching for a Short Opportunity as Resistance Holds Strong

Hey KoraFX fam! Brandon Jones here, coming at you from Houston. Been watching EUR/USD like a hawk, and while it's been pretty sideways lately, hovering right around 1.08732, I'm seeing a setup that looks pretty darn juicy for a swing short. We've seen a slight bump of 0.21% over 24 hours, but those higher levels are proving tough.

Technical Read: Resistance & Rejection

The daily range is locked between 1.08384 and 1.0908, showing that sideways trend is really in play. I'm seeing strong resistance building up around that 1.0908 mark and the psychological 1.09 level. My entry for this short is set at 1.0884, anticipating a rejection from these areas. This pair has struggled to break higher, and if it respects these ceilings, we could see a nice move down. My stop loss is at 1.094, giving it just enough room above the 1