EUR/USD - Short Opportunity Short

FOREXCOM:EURUSD15

Euro / U.S. DollarFOREX.com

Description

⋅ Apr 2, 2020 9:59 PM

Small risk, decent reward - short opportunity on the EURUSD; SL: Above 1.08659

Comment

⋅ Apr 3, 2020 12:12 AM

Move stop loss to entry: 1.08552;
First and Second TP to the downside marked on chart with the horizontal lines.

FYI: I mark all the R/S zones with horizontal lines.
TP1: 1.08212
TP2: 1.07895

Comments

FXCM

⋅ Apr 3, 2020 9:40 AM

Great call on the drop! Love your presentation!

Now that your target has been reached, what do you think is the eurusd next move?

Check our analysis out and let us know?

effilang

⋅ Apr 3, 2020 11:26 AM

@FXCM, Hi. Thank you for your comments.
I see more weakness to the downside with a major correction bouncing off 1.07462, followed by a test of 1.07028 and 1.06363 after the market has finished its contraction from .07462

Regards.
Effi