Euro / U.S. Dollar
Short
Updated

EURUSD

220
Some downside movement as an option here - the sentiment on retail is balanced, COT data shows long both DXY & Euro. Although it looks more Bullish overall, there's scope for a short term downtrend here.




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This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stock, ETF’s and Forex. Hence each trade setup might have different hold times, entry or exit conditions and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Trade closed: target reached
Well - a lot faster than expected! 🍒

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