Euro / U.S. DollarShort
Euro short
Euro keeps making higher highs, the long term uptrend seems to be intact. However it needs to breath and now this part of move seems to be exhausted.
I am shorting it and hopefully it will drop to 1.3812 or even 1.3792.
The Risk to reward on this trade seems right. and in the past this pair was respecting the channel boundries it which it was moving so I do not expect it to be any different this time.
I am shorting it and hopefully it will drop to 1.3812 or even 1.3792.
The Risk to reward on this trade seems right. and in the past this pair was respecting the channel boundries it which it was moving so I do not expect it to be any different this time.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.