Weekly EUR/USD Outlook: Short Opportunity

EUR/USDShortIntraday1d ago0 views

Trade Setup

Entry Price

1.0832

Stop Loss

1.0882

Take Profit

1.0707

Risk : Reward

1 : 2.50

RiskReward

Technical Analysis

EUR/USD has formed a strong double top on the 1-hour chart. Entry near 1.0832 with stop below 1.0882.

Fundamental Context

The macro environment favors short positions on EUR/USD. Keep an eye on upcoming data releases.

Trade Setup

Entry at 1.0832 with stop at 1.0882 gives a clean 2.5:1 ratio. Target: 1.0707.

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