ForecastCity

πŸ’‘ 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 (1.222). 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 43.

Take Profits:
TP1= @ 1.2132
TP2= @ 1.2058
TP3= @ 1.1996
TP4= @ 1.1910
TP5= @ 1.1760

SL: Break Above R2

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ForecastCity English Support Team ❀️
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Comments

Good job my friend.
+1 Reply
ForecastCity Josef_anderson
@Josef_anderson, Thank you for your comment.
Reply
RIGHT! It's a unique forecast. Cheers πŸ‘
+1 Reply
@Kamryn, Cheers πŸ‘
Reply
It's helpful and detailed idea. I liked it
+1 Reply
ForecastCity Kristalyn
@Kristalyn, Thanks for your comment.
Reply
Nice pattern! thanks forecast city πŸ‘
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, You're welcome.
Reply
Nice one. Very similar to my thoughts.
Reply
ForecastCity EnricoTrading93
@EnricoTrading93, Thank you for sharing your feedback.
Reply
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