Euro / U.S. Dollar
Short

EURUSD Trade Idea

155
The EURUSD has currently reached a crucial support level after a significant downtrend. It is now apparent that the price is over-extended, suggesting a potential retracement in the near term. Our strategy involves opening a short position if the price retraces into our predefined sell zone. I typically take a conservative approach to position sizing, allocating around 0.2% of my account balance to each trade, with a maximum exposure of 2% at any given time. Please keep in mind that this information should not be interpreted as financial advice, as trading carries substantial risks. It is crucial to prioritize the implementation of robust risk management strategies.

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