UmarAbdurRehman

EURUSD Short term Bearish

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD broke out quite sharply yesterday, so far the market is holding the 1.1070 area, as the momentum across the lower degree time frames is bearish, i am expecting the market has still further room to go lower towards 1.1025-1.1000 area.

Trade Strategy: Look for shorts around 1.1100 area with stop at 1.1145 towards 1.1025-1.1000.

Trade Safe!
Comment:
Reached first target.
Trade closed: target reached:
Both targets met.

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.