Art_of_Trading

EURUSD: Breakout Strategy

Short
FX:EURUSD   Euro / U.S. Dollar
The EURUSD went down and broke the structure level at 1.2069. It is expected that the more sellers will join this momentum and start selling, which will decrease EUR value more. However, it is also possible that the price may backtest the structure and then goes down. There is a short opportunity for breakout strategy traders.
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