VasilyTrader

EURUSD: Standing on strong structure level

Short
FX:EURUSD   Euro / U.S. Dollar

hey traders,

this week is very very bullish for EURUSD.
If you analyze price action on a daily tf
you may notice than we haven't seen a pullback for quite a while.

Yesterdays, pair has reached key level of resistance 1.113 and, for now, buyers do not push the market higher.

I believe that there is a high chance to see a pullback from this level.
I will be looking for a confirmation on lower timeframes to short the pair.

Target levels will be: 1.108/1.105

Good luck!


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