ZORO-WSS

EUR/USD heavy short to 0.93

Short
OANDA:EURUSD   Euro / U.S. Dollar
Hello all my fellow traders. I am currently in the EU short trade. My entry will be 1.05800 and my estimated Tp for now is 0.93. The reason why I believe this, is because price rejected the 1.06 weekly resistance zone. And is currently heading in a downtrend. Now some will say EU is just a retrace to 1.03-1.04. But to tell you the truth EU rejected 1.06 resistance zone. And is heading downtown. Make sure you use proper risk management when placing a short trade. Also drop a like and follow me for more ideas. As always stay blessed!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.