GIgor_021

EURUSD: possible short scenario

Short
FX:EURUSD   Euro / U.S. Dollar
The main fundamental risk is continuation of the risk-on in equities, otherwise we can expect another strengthening of the dollar, which proved to be a risk-off instrument.

From techincal POV:
-H&S chart pattern
-RSI divergence

Joining EURUSD bears from around 1.1262 price with S/L above 1.1360 and T/P around 1.1000 level provides decent R:R.

//

Make your own analysis before entering position.

Feel free to share your opinion/position via comment and follow me to stay updated + support my work by hitting like.)

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.