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ForecastCity_ME
Aug 21, 2020 12:40 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 suggested resistance lines (1.1822 & 1.1883). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 32.

Take Profits:
TP1= @ 1.1713
TP2= @ 1.1653
TP3= @ 1.1594
TP4= @ 1.1492
TP5= @ 1.1370

SL: Break Above 1.1965

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Comments
Mehmetozdemi
thanks for sharing this chart.
ForecastCity_ME
@Mehmetozdemi, We're happy to help! 💙
DenizKilicDeniz
Good job! Clean analysis.
ForecastCity_ME
@DenizKilicDeniz, Thank you! We appreciate your comment.🙏
Mesutkashmar
Thank you! Very helpful.
ForecastCity_ME
@Mesutkashmar, We're happy to help! 💙We appreciate your comment.🙏
Best_Forecast
😍😍😍 😍😍😍

Thank You for sharing!
ForecastCity_ME
@Alexander_007, We're happy to help! 💙
Best_Forecast
Amazing content,

keep it up :)
ForecastCity_ME
@Alexander_007, Thank you! We appreciate your comment.🙏
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