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ForecastCity
Jan 14, 2022 10:26 AM

πŸ’‘Don't miss the great buy opportunity in EURUSDΒ Long

Euro Fx/U.S. DollarFXCM

Description

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Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.1416).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. EURUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 65

Take Profits:
TP1= @ 1.1511
TP2= @ 1.1577
TP3= @ 1.1615
TP4= @ 1.1680
TP5= @ 1.1750

SL= Break below S2

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Comments
Super_B_XinR
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Wish us luck!
ahmerramzan999
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Excellent Work Bro
DenizKilicDeniz
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A very useful analysis! Thanks .
ForecastCity
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@DenizKilicDeniz, You're welcome πŸ€
Mihai_Iacob
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Yes, a buy trade after correction can have great chances of success
Thanks
ForecastCity
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@OptimoomFX, Thank you for your feedback πŸ€
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