ForecastCity

đź’ˇDon't miss the great sell opportunity in EURUSD

Short
FX:EURUSD   Euro / US-Dollar


Trading suggestion:

". There is still a possibility of temporary retracement to suggested resistance line (1.2040).
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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.

Take Profits:

TP1= @ 1.1995
TP2= @ 1.1945
TP3= @ 1.1875

SL: Break Above R2

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ForecastCity English Support Team ❤️


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