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EURUSD, 15-minute timeframe chart

EURUSD retested the resistance level of 1.09730

👉Level explanation
EURUSD has been trading in a sideways market for the last couple of hours. The pair moved up to the resistance level of 1.09730.

👉Possible scenario
The best way to use this opportunity is to place a Sell order at 1.09690.

Set your stop loss at 1.09820 above the previous high ($1.30 loss for 0.01 lot) and take profit at 1.09560 ($1.30 profit for 0.01 lot).

The risk-reward ratio for this order is 1:1.

📝Fundamental factors
The eurozone Retail Sales report will be released in a few hours and could affect this trade.

GOLD SELL AGAIN