EURUSD intraday short trading

FX:EURUSD   Euro / U.S. Dollar
It is assumed that the EURUSD exchange rate from the ATR axis is down to correction level of 1,16407. We expected that within a few days the exchange rate will reach our primary target price of 1,14557. If our redline support is violated by the exchange rate then we closed our short position.
Jul 27
Comment: The EURUSD exchange rate reached the correction level of 1,16407. Therefore we are waiting for the next correction wave. The 1,14557 target price remains unchanged.


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