DeGRAM

DeGRAM | EURUSD structure-based trade

Short
FX:EURUSD   Euro / Dollar Américain
EURUSD is approaching a major resistance level at 1.03200.

If price action prints a double top, the market might retrace from this level. On the 4-hourly timeframe, the market is in overbought territory.

We anticipate a short-term bearish move; all confluences indicate that the price may pullback. It is going to be a structure-based trade.



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