EUR/USD Short by Justin Pipper

EUR/USD 4-Hour CHART


Long or Short: Short

Entry Point: Short at 1.3150

Stop loss: 1.3220

Profit target: 1.3000

Risk Percentage: 1.0%

Trade Rationale:

-Continued euro weakness
-Possible resistance at the 50% Fibonacci area and the 1.3150 psychological level