fxswing
Short

EURUSD May 24th breakdown kissback test

FX:EURUSD   Euro / U.S. Dollar
214 views
6
214 0
Shorting EURUSD at 1.1190 into a potential resistance trendline coming from the May 24th breakdown.
It's to be seen if DXY can hold 95.20 later today.
If the dollar keeps being supported by the shift of expectations from a June or July rate hike (notice I said expectations, not believing in the real thing), then we should see EURUSD trade lower.
Entry: 1.1190 (Above today's Asian High)
Stops: Above 1.1200 and above 1.1230
Target1: 1.1105 the 200dma
Target2: 1.1070
Trade active: Target 1 reached at 1.1105
Trade closed manually
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out