Skip to content
Back to community
ForexThandi M.Verified analyst3h ago
Trade ideaBearish

EUR/USD short into resistance ahead of ECB

EUR/USD is back at a level that has capped rallies three times. Rate differentials still favour the dollar, and the ECB has room to sound dovish.

Short with a tight stop above resistance. If the ECB surprises hawkish, I'm out.

SideShort
Entry1.0832
Target1.0760
Stop1.0868
R:R · 3–7 days2.0 : 1
EUR/USD1.0834+0.36%

Disclosure: Short EUR/USD

92
1 comments
2,700 views

1 comments

  1. Marco R.Pro trader2h ago

    R:R ~2. Fine setup, just be careful of the spread around the announcement.

    12