riffster21

EURUSD - Patience, but looking Bearish

Short
FX:EURUSD   Euro / Dollar Américain
The EURUSD and a lot of the USD pairs, are starting to look USD bullish. We are underneath support, so that should support a bearish move. At least for the short term. My indicator shows a sell signal and most of the other folks on TradingView are saying 'sell', so I'm in.

I'm short @ 1.0543 with a tight stop @ 1.0570. I don't want to get run over by another EURUSD bull run, so I'll keep my stop tight. There is a lot of room to run downhill from here, so if the trade pans out, the risk/reward is worth it.

USD Retail Sales my sights.
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