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ForecastCity_ME
Jun 14, 2021 7:08 PM

💡Don't miss the great sell opportunity in EURUSD Short

Euro Fx/U.S. DollarFXCM

Description

Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.2162).
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 a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 46.

Take Profits:
TP1= @ 1.2090
TP2= @ 1.2070
TP3= @ 1.2050
TP4= @ 1.2035
TP5= @ 1.2000

SL: Break Above R2

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Comments
davidgolandak
Very nice chart.Thanks for sharing.
DenizKilicDeniz
Clean lines!
ForecastCity_ME
@DenizKilicDeniz, Thank you. We appreciate your support
awinja698
super..analysis.
Mesutkashmar
Very helpful. Thanks .
ForecastCity_ME
@Mesutkashmar, Thank you for your comment. We appreciate it
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