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Short

EURUSD - Short setup

FX:EURUSD   Euro / U.S. Dollar
EURUSD             has paused at a significant level, with several factors pointing to a potential down move including:

- 2 month trend line resistance test
- double top price pattern
- supply zone test
- price outside of the volume profile value area, with potential for a mean reversion to the value area
- a look at the dollar index             shows price at a significant support level , a move up in the dollar would add to the EURUSD             bearish bias

This is an important level for EURUSD             , if it breaks out to the upside it could be a significant move so be mindful of risk.
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