vbadali
Short

EURUSD path of least resistance - down and short

FX:EURUSD   Euro/U.S. Dollar
57 0 1
We're sitting at resistance after progressive lower highs and lower lows. The trend line supporting price right now is tight and I think it can easily break down.
In addition I think there's a lot of false bullish sentiment on this pair yet the technical's aren't supporting that so if we fail here there could be a drop to the daily trend line area.(Highlighted in green rectangle )
Trade closed: stop reached: Looks like EURUSD is breaking outside the top resistance - closing short.