The EUR/USD D1 chart Fibonacci backtest indicator attempted to break through the key resistance level of 0.5 yesterday, but failed. At the current stage, the continued strength of the dollar has also prevented the euro from continuing to rise.
The RSI indicator on the H1 chart has reached the 40 percent level, indicating that the trend may turn down further. Although the H1 chart is currently supported, the current continuous strengthening of the US dollar will still cause non-US currencies to continue to fall.
Enter short at high level/Wait for the lower support level to be broken to enter short position.
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.