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 (1.19470).
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 resumption of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 45.

Take Profits:
TP1= @ 1.19160
TP2= @ 1.18806
TP3= @ 1.18460
TP4= @ 1.18300
TP5= @ 1.17970

SL: Break Above R2

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Comments

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ForecastCity competitiveBea60975
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Thank you
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