fxswing
Short

EURUSD May 24th breakdown kissback test

FX:EURUSD   Euro / U.S. Dollar
212 0 5
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
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