FxWirePro
Short

EUR/USD struggles to break 1.1218, targets 1.0925

FX:EURUSD   Euro / U.S. Dollar
1246 9 14
EUR/USD             is facing strong resistance around 1.2180 and not able to break that level. It has made a high of 1.2120 and started retreating from that level.

The pair’s major intraday support is around 1.0790 (Aug 13th low) and any break below will take the pair further down till 1.1000/1.0950/1.0920.

Minor resistance are at 1.1120 and break above targets 1.1150/1.11780.

Bearish invalidation only above 1.1218.

It is good to sell on rallies around 1.1080-85 with SL around 1.1150 for the TP of 1.095/1.0920
I see a flag and an upward breakout coming
Reply
ema200
Reply
Would have broken that EMA for a freefall
Reply
Wonderful analysis. Nice entry would be when that CCI flips bearish. would have also broken that EMA for a freefall
Reply
Hi FxWirePro, is there no called "consolidation"?, just to make it sure. thanks
Reply
Major intraday support at 1.0790??
Reply
FxWirePro Josphat89
S low formed after making a high of 1.1212
+2 Reply
Hi FxWirePro,

Does this also mean the BIG W Pattern is now say 'abandoned'? I'm not long just asking to make it clearer.

Tks
Reply
Yes it has abandoned
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out