Short EURUSD @ 1.3770

16.02 gmt

The daily & weekly charts of the Euro show the Euro at a pretty strong resistance level, and my shorter-timeframe system generated a sell signal last Friday, confirmed yesterday. The current level is still an attractive short, with a very clear SL level close by, so I’ve taken the short trade:

Short $5/pip EURUSD at 1.3770, SL at 1.3820.

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