EURUSD is consolidating under 1.1111. I think it's a good idea to open short when price touch red zone again to target the low at 1.096
Trade active
Comment:
Very close to top of 5th August now. Put SL just above this. If it breaks again it will go further up.
Comment:
Shorts seem unfavourable now that it broke the red zone. It seems to be going to the next red zone at 1.14 area. There would be a good place to add short again. Buy the dips only for now.
