Price action analysis shows that bears are dominating the scheme of things in EUR/USD. So, we should trade in the direction of the bears. In the hourly chart, EUR/USD has a high chance of dropping to 1.1165 or even 1.1120. This gives short-term traders the opportunity to make 80-120 pips by selling EUR/USD at the current market price.
EUR/USD Sell Limit @1.1260