fxstraderomi
Short

Short EUR/USD

FX:EURUSD   Euro Fx/U.S. Dollar
45 0 0
The EUR/USD             clocked a high of 1.0878, before turning lower 1.0857. An hourly close below 1.0869 could open doors for a sell-off to 1.0811-1.08, under which the pair could drop to 1.07985. The current candle on the hourly chart also represents the failure to take out the hourly 100-MA currently located at 1.0872.

I prefer entering short around 1.0860 for target of 1.0811-1.08 and stop above 1.0890

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