Hello traders! I hope you all having a great week.
Today i will take a look at EUR/USD Pair.
Looking at the EUR/USD H4 timeframe we can see that, price reacting from descending trendline. Price technically sitting at the top of the descending channel.
Looking to short this pair at the retest of 1.0964 big lliquidity area. Targeting 140 pips to downside.