ForecastCity

Don't miss the great sell opportunity in EURUSD

Short
FX:EURUSD   Euro / U.S. Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested Resistance line (1.1819). 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 30.

Take Profits:
TP1= @ 1.1750
TP2= @ 1.1708
TP3= @ 1.1626
TP4= @ 1.1562
TP5= @ 1.1463

SL= Break Above R2

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Comments

thanks guys
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, You're very welcome!
Reply
clean analysis
+1 Reply
ForecastCity Kristalyn
@Kristalyn, Thank you! We appreciate your comment.🙏
Reply
👍 Very nice analysis man, looks very clean!👌
+1 Reply
@Kamryn, Thank you!
+1 Reply
Lovely analysis, think this could be a goer!👌
+1 Reply
@Sir_Ray, Thank you
+2 Reply
Nice analysis, i have the same outlook :) x
Reply
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