EURUSD Sell At Resistance

EURUSD is at a local supply zone now, presenting an opportunity for bears to short the pair. Traders should wait for confirmation at the resistance zone to short the pair with a stop loss a few pips above the supply zone, and a first target at the supportive trendline. A strong break above the supply zone will make this trade invalid, as price could rise all the way until the strong resistance zone at 1.14100

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Trade stängt: målet nått:

Take Profit Hit! Please see my updated analysis on EURUSD