Possible short positions on EURUSD today
It tried to make a pullback yesterday, it then reached the 1,0932 level and quickly pushed back down.
That shows, that this move doesn't have enough strength and we will probably see a breakout of 1,0800.
If you enter right now, then your stops should be above 1,0940 and targets below 1,0800.
We should also monitor how this move develops and in case of slowing down on it's way to the downside, then we can look to exit our trades.
This is what we will look at in our daily analysis.
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That shows, that this move doesn't have enough strength and we will probably see a breakout of 1,0800.
If you enter right now, then your stops should be above 1,0940 and targets below 1,0800.
We should also monitor how this move develops and in case of slowing down on it's way to the downside, then we can look to exit our trades.
This is what we will look at in our daily analysis.
Leave a like and a comment! Thanks!
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