Trade idea: Short on EU

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Rejection at the top of a 4-hr channel
Retracement to the 61.8% Fib
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If you're new to trading, use a small lot size and manageable risk to reward.
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forexfactory.com/
Those USD news really affected my target. Although they're yellow folders, they caused the dollar to go bearish.
Another news is at 3pm EST, hopefully this does not hit my SL.
If price does not return to 1.19 by 9am EST tomorrow, I'm closing this trade.
FibonacciTrend AnalysisTrend Lines

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