EURUSD TRADE IDEA (AUGUST 9, 2023)
EURUSD is currently trading within a falling channel.
Price is on it's way to kiss the top of the channel at 1.0989-95 area.
A short position at this channel top will offer an amazing trade with great risk reward ratio.
Your 'Stop loss' should be at 1.1017, and your targets should be at:
1.0930, 1.0915, 1.0890, and lastly the channel bottom 1.0830.
EURUSD is currently trading within a falling channel.
Price is on it's way to kiss the top of the channel at 1.0989-95 area.
A short position at this channel top will offer an amazing trade with great risk reward ratio.
Your 'Stop loss' should be at 1.1017, and your targets should be at:
1.0930, 1.0915, 1.0890, and lastly the channel bottom 1.0830.