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ForexTrendline
Mar 9, 2022 5:47 AM

Sell positions on EURUSD |Target 1,0700 Short

EURO / U.S. DOLLARICE

Description

We've been looking at possible short position on EURUSD for a few days now.
Today, it's very likely to see another drop.

Yesterday, price reached 1,0958, which led to another move down.
A breakout of 1,0875 will confirm the downside continuation and we can place stops above the most recent high.

Entering short right now isn't as confirmed but it gives you a better ratio!
Comments
Sina_n95
Thanks for sharing the chart. Why is the market so confused and not working as technically as before? Is it because of the Ukraine war or am I wrong?
Lingrid
Interesting view
DeGRAM
Nice breakout
ForexTrendline
@DeGRAM, haha I know
UnknownUnicorn15614419
Nice chart, cheers!
ForexTrendline
@TradingStat, You're welcome!
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