Euro / Dollar Américain
Short

EURUSD short trade update from Friday

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I wasn't expecting Powell to reverse the dollar direction on last Friday. However I was able to take some profit off the trade.

EURUSD is currently in a pull back sell zone on H4. I am looking for a continuation down. Many analysts are saying to short dollar but I don't think it's quite ready to sell down as of yet.

Sell stops for this trade are below a 20% pullback from the low to high of this leg.

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