Hi traders,
EURUSD view here. Price has recently broke the red tredline (trendlline dating from early of the year)
Looks like it is going for a retest of the trendline.
I am looking for a short to 1.08-1.09.. will look for sell entry near the 100MA + 0.382/0.5 fib retracement level.
Risk is defined, lets see how this plays out.
All the best and trade safe guys.
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