EURUSD - Failed to clear critical zone

PAIR IN FOCUS: EURUSD
ACTION: SHORT
HORIZON: SHORT-TERM

Price has again failed to clear the CZ which it has retested thrice. Observe whether price will break down the rising trend line. Look for a clean break and confirmation before any short entries; we do not want to get caught in a fake break out.

The TP level and Stop Loss are indicated on the chart. Remember to manage your risk!

Feel free to discuss and comment, cheers!

Free Telegram channel for FX Ideas -- https://t.me/tradermozo