EURUSD has a decent retracement during the Asian session and when you look at the 5 minute chart it is forming a lower low. A retracement on the 1.09050 level is a good entry for a sell with a target of 1.08850 and a 1:2 risk reward ratio.
Comment:
Selling pressure is too strong missed the sell entry on 5 minutes chart frame by only 2 points. Looking for another trade. If you have any interesting pairs looking to trade comment down below.
Trade closed: target reached:
Quick trade for this pair.