6E and EUR/USD short setupPrior volume has formed resistance at prices 1.05 and above. The most recent movement of price into this resistance area was followed by immediate rejection. The trade setup is a short entry at or close to 1.05, with a target price of 1.03; just above support.
Below 1.03 there are multiple supports that be broken: 1.01, and possibly 1.0 if 6E and EUR/USD return to the short-trend channel established August through November.