charles-okoukoni

EURUSD Short Trade Setup

Short
FX:EURUSD   Euro / U.S. Dollar
A short trade opportunity recently presented itself on the euro-dollar trading chart 📉.

This is indicated by the bearish harami candlestick pattern just below the 1.06318 horizontal support level, now turned resistance as a result of the BPC (Breakout of the support level by price, the Pullback and downward trend Continuation).

Sufficient downward momentum should see price dumping towards the 0.96000 psychological level and possibly testing the strength of the 0.95324 horizontal support level.

As always, please apply appropriate risk management.

Happy trading!

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