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 suggested resistance line (1.1876). 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 34.

Take Profits:
TP1= @ 1.1800
TP2= @ 1.1760
TP3= @ 1.1703
TP4= @ 1.1650
TP5= @ 1.1603

SL: Break Above R2

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ForecastCity English Support Team ❤️
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Comments

I think you're right. I agree with your idea.
+2 Reply
ForecastCity_ME Mehmetozdemi
@Mehmetozdemi, Thank you for sharing your feedback.We appreciate your comment.
Reply
Good call👍
+1 Reply
ForecastCity_ME yusufipek1989
@yusufipek1989, We appreciate your comment.
Reply
Yes, Short it is. Nice setup 😊
+1 Reply
@Lizabet, Thank you for sharing your feedback.
Reply
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