zuoertai

[EURUSD] Take short position at around 1.13950

Short
FX:EURUSD   Euro / U.S. Dollar
Reasons for short:
1. Price met strong resistance at upper downward trend line and also broke the upward trend line.
2. MACD shows market is in downside.
3. Tonight's data from the US is likely to be in favor of DXY

Thus, Short at around 1.13950. Take profit at around 1.13250
Disclaimer

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.