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 line (1.0905). 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 45.

Take Profits:
TP1= @ 1.0840
TP2= @ 1.0815
TP3= @ 1.0770

SL: Break Above R2
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Comments

I agree. I am waiting for retracement to 1.09
+3 Reply
ForecastCity christianpeters1997
@christianpeters1997, Thanks for your comment.
+1 Reply
Thanks...
+3 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, Please don't mention it.
+3 Reply
Tnx for sharing.
+3 Reply
ForecastCity Kristalyn
@Kristalyn, You're welcome. May I ask what is your opinion about this pair?
+3 Reply
Great
+3 Reply
@Kamryn, Thanks.
+3 Reply
Any update on this?
+2 Reply
ForecastCity cryptocapitalfund
@cryptocapitalfund, Please note, Weekly and intraday forecasts are updated regularly on our website: http://www.forecastcity.com
+1 Reply
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