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kbgeresy

Day Trade: EURUSD 1HR - Short after channel broken.

Short
Euro / U.S. Dollar (FX:EURUSD)  
kbgeresy  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD tradeideas short shortsetup setupoftheday setups
10
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trendanalysis chartpattern indicator eurusd tradeideas short shortsetup setupoftheday setups
EURUSD
EURUSD

Well The EURUSD wasn't able to push higher and broke the channel found some support on the 200EMA, it is expected to retest the broken channel which will be around the 1.1150.

From there price can be expected to push lower to target the 1.1045 close to around 95 pips.

On the other hand if buyers were able to push higher than the channel, then the setup will be void.
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