Currency Pair: EUR.USD Time Frame: Daily, 4hr, 1hr & 5min Predicted Direction: Short
Live EUR.USD updates will be available in the comments section below
Note
Currently i am long GBP.USD meaning this setup would have too much exposure to the USD, however i don't now see any resistance until 1.2030 giving plenty of opportunity to the upside.
Note
A perfect retest of 1.2030 occurred. I will now await a simple breakout of this level where i will be looking for long opportunities, or a clear reversal on multiple timeframes to take this pair short.
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