EURUSD SHORT TRADE
EURUSD is consolidating under 1.1111. I think it's a good idea to open short when price touch red zone again to target the low at 1.096
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Note
Very close to top of 5th August now. Put SL just above this. If it breaks again it will go further up.Note
Shorts seem unfavourable now that it broke the red zone. It seems to be going to the next red zone at 1.14 area. There would be a good place to add short again. Buy the dips only for now.
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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.