Shorting the trending EURUSD as the DXY moves higher for a third day in a row

Mar 25, 2021

The EURUSD made a lower high in in the U.S. session overlap and an entry short was taken risking 14 pips for a potential 49 pips to our daily target at 1.1753. (not shown)
 

Price moved lower going into the European close where we exited the trade.

Shorting the trending EURUSD as the DXY moves higher for a third day in a row chart

As we approach month end the DXY continues its climb toward 93.00.

Good luck with your trading!

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