EUR/USD: Is a Drop Brewing in This Sideways Market? My Swing Play
EUR/USDNeutralSwing5h ago0 views
Trade Setup
Entry Price
1.0840
Stop Loss
1.0886
Take Profit
1.0748
Risk : Reward
1 : 2.00
RiskReward
Current Market Vibe
Hey KoraFX fam! Taking a look at EUR/USD today, and it's definitely been in a sideways grind. We’re currently hovering around 1.08307, which is pretty much flat for the day, down just 0.18%. The daily range has been pretty tight, from 1.08019 to 1.08596. This tells me the market isn't picking a strong direction right now, keeping us range-bound.
My Technical Take
Despite the sideways action, I'm eyeing a potential short opportunity
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