ForecastCity
Short

Don't miss the great sell opportunity in EURUSD

FX:EURUSD   Euro / U.S. Dollar
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.1965). 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 55.

Take Profits:
TP1= @ 1.1893
TP2= @ 1.1845
TP3= @ 1.1763
TP4= @ 1.1705
TP5= @ 1.1470

SL: Break Above R2

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Comments

what strategy do you use?.
+1 Reply
ForecastCity aldrinjoe725
@aldrinjoe725, To read about the trading strategies please visit forecastcity.com
Reply
🙏🥂 Thank you
+1 Reply
ForecastCity LubosKosik83
@LubosKosik83, You're welcome!👍
Reply
Thank you for the simple explanations
Reply
ForecastCity Mehmetozdemi
@Mehmetozdemi, You're welcome!
Reply
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