ForecastCity

💡 Don't miss the great sell opportunity in EURUSD

Short
FX:EURUSD   Euro / U.S. Dollar
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.2115). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EURUSD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.

Take Profits:
TP1= @ 1.2055
TP2= @ 1.2025
TP3= @ 1.2000

SL: Break Above R2

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Comments

you did good job here but I'm not so sure about getting in to be honest.
+1 Reply
ForecastCity Best_Forecast
@Best_Forecast, Thanks for your comment.🌹
Reply
thanks for the excellent tip
+1 Reply
@Sir_Ray, You're welcome. We hope you enjoy it. 🌹
Reply
I think the trend is developing well. Good job my friend.
+1 Reply
ForecastCity Josef_anderson
@Josef_anderson, Thanks. we hope you enjoy it.🌹
Reply
It's very helpful 😊 Thank you
+1 Reply
ForecastCity Kristalyn
@Kristalyn, You're welcome.🌹
Reply
I'm going to keep an eye on this one.
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, Thanks for your comment. We hope you enjoy it.🌹
Reply
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