Possible short incoming for EURUSD. Price has remained below both 200 and 50 EMA indicating a short bias. Price has also just reached a resistance line that I had marked on last week, and it looks like it has been rejected so far. We have here a great set up and a tiny stop loss of around 24 pips and take profit of about 130. This makes for an amazing risk:reward ratio. Keep an eye out for updates as I will be following this pair closely.
EURUSD
Comment:
**WELL IN PROFIT**
Comment:
**TAKE PROFIT HIT - 130 PIPS**