EURUSD TURTLE SOUP SETUP SHORT - BEFORE INTEREST RATE CUTHi. I am bearish on EURUSD now as it reached the price I was interested to open short.
Interest Rate cut for EUR is coming in June, the dollar should start reversing around now.
CFTC reported recently more commercial shorts compared to longs (attached).
Stop loss on chart.
Target 1: 1.081
Final target on retest of flip zone.