Entry: Short position recommended upon retest of 1.25800 support-turned-resistance.
Stop Loss: Place stop loss near 1.26200 to mitigate potential losses.
Take Profit Targets: - TP-1: 1.25390 - TP-2: 1.24980
Conclusion: Favorable short trading opportunity post-breakdown. Maintain disciplined risk management.
Disclaimer: Trading forex carries high risk. Only invest what you can afford to lose. Past performance doesn't guarantee future results. Consult a financial advisor if unsure.
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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.