Euro / U.S. Dollar
Short

EUR/USD Short Opportunity

68
EURUSD short opportunity at current price with a risk to reward ratio of approx. 1:2

EURUSD is trading in a downward parallel channel. The current price is at a previous resistance (1.18048)

MACD bearish crossover on the 1hr chart.

Short Position Entry @ 1.18 - 1.18240
Stop Loss @ 1.188
Target @ 1.163

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.