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ForecastCity_ME
Dec 17, 2020 2:36 PM

💡 Don't miss the great buy opportunity in EURUSD Long

Euro Fx/U.S. DollarFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.221). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 68.

Take Profits:
TP1= @ 1.2260
TP2= @ 1.2300
TP3= @ 1.2335
TP4= @ 1.2371
TP5= @ 1.2426

SL= Break below S2

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Comments
DenizKilicDeniz
Thanks for the detailed chart
ForecastCity_ME
@DenizKilicDeniz, You're very welcome!
We hope you enjoy it.
Mesutkashmar
Very helpful. Thanks.
ForecastCity_ME
@Mesutkashmar, We're happy to help!
Mehmetozdemi
Excellent and Comprehensive analysis.
ForecastCity_ME
@Mehmetozdemi, Thank you for your comment. We appreciate it
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