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 the suggested resistance line (1.1824).
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 a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 51.

Take Profits:
TP1= @ 1.1795
TP2= @ 1.1771
TP3= @ 1.1750
TP4= @ 1.1737
TP5= @ 1.1712

SL: Break Above R2

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Comments

Nice analysis, Thanks for sharing.
+2 Reply
ForecastCity Megan_forex
@Megan_forex, You're very welcome! We hope you enjoy it.
Reply
clear set up
+1 Reply
ForecastCity amiinzofx
@amiinzofx, Thank you for your comment. We appreciate it.
Reply
ForecastCity jafari1134
@jafari1134, Thank you for your comment.
Reply
Thank you so much.
+1 Reply
ForecastCity davidgolandak
@davidgolandak, You're most welcome!
Reply
Oh yes!!!
+1 Reply
ForecastCity Simon_Weber
@Simon_Weber, Thank you for your comment.
Reply