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EURUSD SHORT SETUP BEFORE FED NEWS

Short
Euro / U.S. Dollar (OANDA:EURUSD)  
Forex48_TradingAcademy  
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Technical Indicators Fundamental Analysis short setup signals service priceaction Supply Zone strategy EURUSD
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trendanalysis indicator fundamental short setup signals service priceaction supplyzone strategy eurusd
On EURUSD, a bearish trend can be observed, with the price retracing to the 50% Fibonacci level and then bouncing three times on a downtrend line, indicating clear short signals. Currently, the price is situated between a supply and a demand zone at the 1.0675 level, with volumes favoring sellers. Therefore, the objective is a short trade with a target of 1.055. It is worth noting that the short position will be confirmed by an initial break below the 1.0635 level.

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