EURUSD Potential Forecast | Tuesday 7th February 2023

Hi Everyone, my name is Chern Yu and I utilise smart money concepts.

Trade Idea
1. Looking for an intraday short position into EURUSD to test the lows
2. Lower highs and lower lows has been forming
3. Anticipating a new lower low to potentially form
4. Bearish trend is confirmed
5. Bearish continuations is anticipated
6. Price already broken structure to the downside

Hence, I will be taking a short entry onto the EURUSD to test the lows at 1.0697.

Trade safe guys!

Regards,
Chern Yu

Commento:

Price have reached the take profit target.