EUR/USD Short Opportunity

EURUSD short opportunity at current price with a risk to reward ratio of approx. 1:2

EURUSD is trading in a downward parallel channel. The current price is at a previous resistance (1.18048)

MACD bearish crossover on the 1hr chart.

Short Position Entry @ 1.18 - 1.18240
Stop Loss @ 1.188
Target @ 1.163
Chart PatternsEURUSDForexTechnical IndicatorsshortshortsetupTrend Analysis

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