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 (1.2245).
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 above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 38.

Take Profits:
TP1= @ 1.2175
TP2= @ 1.2150
TP3= @ 1.2125
TP4= @ 1.2100
TP5= @ 1.2065

SL: Break Above R3

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ForecastCity English Support Team ❤️
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Comments

Many thanks for sharing this chart.
+1 Reply
Good work! 👍 Nice idea.
+1 Reply
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