Euro / U.S. Dollar

EURUSD

The breakout of structure in EUR/USD has been confirmed, and selling has started in the 4-hour chart. This suggests that the bears have taken control of the market and are pushing the price lower. Traders who are looking to go short on EUR/USD may consider entering a sell position after confirming that the price has indeed broken through the support level of the structure and setting a stop loss above the recent swing high to manage their risk. It's important to keep an eye on any potential signs of a bullish reversal or a bullish divergence to avoid getting caught in a potential trend reversal. Additionally, it may be useful to identify potential profit targets based on previous support levels or Fibonacci retracements to maximize potential gains.

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