ForecastCity_ME

💡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 (1.2150).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. EURUSD is in a downtrend, and the continuation of the 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= @ 1.2055
TP2= @ 1.1985
TP3= @ 1.1950
TP4= @ 1.1835

SL: Break Above R2

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ForecastCity English Support Team ❤️
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Comments

Thanks for the chart, great trade setup
+1 Reply
ForecastCity_ME ikapilmittal
@ikapilmittal, You're very welcome! We hope you enjoy it.
Reply
thanks for sharing.
+1 Reply
ForecastCity_ME yusufipek1989
@yusufipek1989, You're very welcome! We hope you enjoy it.
Reply
Very nice chart.
+1 Reply
ForecastCity_ME Megan_forex
@Megan_forex, Thank you for your comment. We appreciate it.
Reply
Nice idea.
+1 Reply
@Sophi2018, Thank you for your comment. We appreciate it.
Reply
Great analyze!
Reply
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