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 lines (1.1822 & 1.1883). 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 32.

Take Profits:
TP1= @ 1.1713
TP2= @ 1.1653
TP3= @ 1.1594
TP4= @ 1.1492
TP5= @ 1.1370

SL: Break Above 1.1965

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Comments

Looks like we have same ideas. :)
+3 Reply
@Kamryn, Great minds think alike ;)
Reply
Thank You
+2 Reply
ForecastCity Kristalyn
@Kristalyn, Our pleasure!
Reply
Thumbs up
+1 Reply
ForecastCity Mehmetozdemi
@Mehmetozdemi, Thanks
Reply
Good job! Clean analysis.
+1 Reply
ForecastCity DenizKilicDeniz
@DenizKilicDeniz, Thank you! We appreciate your comment.🙏
Reply
AWESOME ANALYSIS!

Thank You for sharing! ❤️
+1 Reply
ForecastCity Alexander_007
@Alexander_007, Our pleasure!
Reply
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