EUR/USD: Quick Pop Above 1.085 Resistance

EUR/USDLongScalp3h ago1 views

Trade Setup

Entry Price

1.0850

Stop Loss

1.0849

Take Profit

1.0852

Risk : Reward

1 : 2.00

RiskReward

Technical Read


EUR/USD is clearly stuck sideways, hovering at 1.08497. The day range is razor-thin, showing strong indecision. However, immediate resistance sits at 1.085. I'm looking for a quick break and hold above this level. We've seen bids come in around 1.0849 support. A push past 1.085 could trigger a quick scalp. Simple is best.

Trade Setup & Rationale


While the overall trend is flat, I'm targeting a short-term momentum play. Entry at 1.085 is a textbook entry for a breakout above immediate resistance. There's a lack of

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