TradingView
UnknownUnicorn30961286
May 26, 2022 5:00 AM

EURUSD Daily Analysis | May 26, Thu Short

Euro Fx/U.S. DollarFXCM

Description

Since I am expecting the Dollar to strengthen, we might as well assume the price will move to it's previous fair value range of 1.04972 - 1.05712 where we could look for sells. Shorting it from the current levels is not mathematically rational, since that would give us a risk to reward ratio of 1:1.2 and 169 pips stop loss.
More