Possible short opportunity on EURUSD.
Price is retesting a level of previous resistance.
If price rejects at the 1.2166 level and through the 200 day EMA then we could see price reach 1.2510 level which is where I would close this trade.
Price is retesting a level of previous resistance.
If price rejects at the 1.2166 level and through the 200 day EMA then we could see price reach 1.2510 level which is where I would close this trade.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.