EUR/USD: Positioning for a Rejection at Key Resistance
EUR/USDShortPosition6h ago1 views
Trade Setup
Entry Price
1.0846
Stop Loss
1.0863
Take Profit
1.0812
Risk : Reward
1 : 2.00
RiskReward
Technical Outlook and Trade Setup
The EUR/USD pair is currently trading at 1.0843, moving within a relatively tight day range of 1.08325 to 1.08535. While the overall trend has been described as sideways, my analysis indicates a potential for a short-term move lower as the pair approaches a critical resistance level. We observed a minor 2
Comments