Euro / U.S. DollarShort
EUR/USD bulls taking a breather, chance for the bears?
EUR/USD bulls are taking a breather for the past few days. Price has been
hovering in the 1.2250 level.
Looking at the price action, it seem like the buyers are finally running out of
steam. So, look for sell entry@1.2250-1.2340 with SL above 1.24 and TP
at 1.18.
This is a long-term set up. Short term traders can switch to the lower TFs
and to get their entry right.
hovering in the 1.2250 level.
Looking at the price action, it seem like the buyers are finally running out of
steam. So, look for sell entry@1.2250-1.2340 with SL above 1.24 and TP
at 1.18.
This is a long-term set up. Short term traders can switch to the lower TFs
and to get their entry right.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.