FX:EURUSD   Euro / U.S. Dollar
Hi traders, today I am placing a pending sell order just below the pin bar that formed at resistance on the EURUSD 4 hour chart. My target profit is previous support at around 1.3000 for a gain of 100 pips with a 40 pip risk. I also see a pin bar forming on the DXY 4 hour chart, looking like it wants to make its way back up. Hopefully the bears are tired after selling off the DXY today and the Dollar gains strength in the coming days. If resistance is broken I will be looking for a break of resistance, a retest and then I'll go long. I am also shorting the GBPUSD of which I will have another setup of the trade posted. Thanks for reading!
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