ForexTrendline

We're looking to sell the EURUSD

Short
FX_IDC:EURUSD   Euro / US-Dollar
EURUSD couldn't manage to reach our sell zone last week and what we see now is that it actually breaks below some previous lows.

That means, we're probably looking at the beginning of a downside move and therefore we should be looking for selling opportunities.

Stops above 1,1040 and target down to 1,0830.

The best entry would be if we see price pushing up below 1,1000 and then a nice rejection on London open.

We will see how this setup develops and we're looking for entries on this pair as well as GBPUSD.

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