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 (1.098). 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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 47.

Take Profits:
TP1= @ 1.0936
TP2= @ 1.0902
TP3= @ 1.0872

SL: Break Above R2
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Comments

This was indeed a great sell. Really really profitable. Thanks so much
+4 Reply
@ayjoshua, Thank you for your comment
Reply
Nice 👍🏼
+3 Reply
ForecastCity CraigWhelan10
@CraigWhelan10, Thanks
Reply
How I wish I saw this post. Instead, I went long thinking Eur would gain and by the time I was realising, the negative was so big, 😭....
+3 Reply
ForecastCity watiricharles
@watiricharles, Thanks for your comment. please follow us here to get notified about new ideas. Also you can visit http://www.forecastcity.com for more forecasts.
+1 Reply
Great Analysis. Caught me some good pips 👍🏽
+3 Reply
ForecastCity Sohail276
@Sohail276, we're so glad. Thanks for your comment. 🙏
+1 Reply
Thank you. I like it. Thank you again! I was not doing well since I am new to this, But I gained today , through you. Thank you and thank you again
+3 Reply
ForecastCity thedreamertheinventor
@thedreamertheinventor, You're welcome!🙏 we're glad you found it useful.
+2 Reply
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