BombayBulls

EURUSD Short setup for today

Short
FX:EURUSD   Euro / U.S. Dollar
1.1400 or 1.1510 can provide excellent EUR short opportunity. For shorting at 1.1400 you need to be quick to grab 15/20 pips and move the stop to entry. Better short entry is above 1.1500.

UPDATE: Dollar is being squeezed and we can expect the move to continue. So we would like to take profit on half position at current levels and move the stop to entry at 1.1525. We will look to sell it again at higher level.

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