EURUSD was rejected at 1.17 level, and down to the critical support zone. On the daily chart, the downtrend is perfect. If the support zone at 1.15 level is broken, we can expect a fast drop for the coming days.
This trade has good R:R ratio.
Pair | EURUSD | |
Action | Sell Stop | |
Open Price | 1.1507 | |
Stop Loss | 1.1610 | Trailing stop to breakeven |
Take Profit | 1.190 | Risk-reward ratio: 3.078 |