Sforex
Short

EURUSD: A break SMA200 will confirm for downtrend.

FX:EURUSD   Euro / U.S. Dollar
214 0 6
This week, market pays all attention on EZ with lot of important data : Markit PMI, IFO data, CPI             and GDP data which could trigger big move for Euro             .

While I bet on positive data for US side, I have negative view for Euro             .

Look at on the chart, EURUSD             is still fighting around the key level: SMA200 + Strong support at 1.1050

A break the support would bring E/U down to next support , likely the trend line I draw on the chart.

I think the break will happen this week.

I only SELL EURUSD             if it breaks 1.1050.

And looking for a good place to SELL around 1.1200, I think it is a good level to hit a SELL Limit Order.
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