MDSADI

Interested to short on weakenss at 1.09xx - Bearish crossover

Short
FX:EURUSD   Euro / U.S. Dollar
The channel looks like broken and we are probably back testing the broken support, however since that happened in Friday, i can't rely on that very much. I am willing to take short as i see bearish crossover, now waiting to see if price retest 26 ma again and go back up at 1.090xx area and demonstrate weakness. That would be my area of interest to catch short aiming 1.07xxx at-least

If the daily closes above 1.09xxx , i would rather attempt to find a buy set up, the closing candle is the key to flip bias
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.