EURUSD is going down to parity. Due to divergence (but bear in mind - it's Friday), there is a possibility for a short term Correction, however, a Big players, are not entering against, I guess, and most of the small traders agree, that there's no point to Buy EUR at the moment, so it's Falling. Most of traders probably use market orders or stop orders to enter this train, however, short term Sell Limit set-up is here.
Trading Idea
Short Entry
Sell Limit order at 1.0525
Target: 1.025
Stop Loss: > 1.0600
Trading Idea
Short Entry
Sell Limit order at 1.0525
Target: 1.025
Stop Loss: > 1.0600
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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.