Possible EURUSD Short

FX:EURUSD   Euro / U.S. Dollar
Possible short reversal from resistance coming up on EUR/USD .

Keep in mind resistance can break. I am not saying I will definitely short. I am saying IF the right set up forms I will consider entering a short.

We have seen several bounces from the 1.3130-1.3150 recently. It is important to note that each bounce has been progressively lower than the last. This suggests that the resistance is very strong.

I will keep you guys updated in the chat room and on here.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.