FOREXIR

EURUSD

Short
FOREXIR Updated   
OANDA:EURUSD   Euro / U.S. Dollar

#EURUSD - H1

📣 Upon analyzing the 1-hour timeframe, in the event of a breakout above the upper boundary of the ascending channel in the range of 1.1033, one can consider initiating a buy with a target of 1.1120.

⛔ Stop-Loss: 1.0980

On the other hand, in the case of a breakdown below the 1.0980 range, there is an expectation of a price decline towards the 1.0930 range.

⛔ Stop-Loss: 1.1033
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.