Euro / British PoundShort
EURGBP Short off Resistance Setup
Short opportunity off last years high .92250, EURGBP is likely to retrace towards previous support at .875, which will serve as our first profit taking opportunity, with a secondary target at .84
Trade idea is confirmed by a greater than 70 reading on the RSI, an overbought signal.
SL: .925
Entry at: > .91
TP: .875/.84
Best of luck
TW
Trade idea is confirmed by a greater than 70 reading on the RSI, an overbought signal.
SL: .925
Entry at: > .91
TP: .875/.84
Best of luck
TW
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