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ForecastCity
May 21, 2020 5:55 PM

Don't miss the great sell opportunity in EURUSD Short

Euro Fx/U.S. DollarFXCM

Description

Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.098). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 47.

Take Profits:
TP1= @ 1.0936
TP2= @ 1.0902
TP3= @ 1.0872

SL: Break Above R2
Comments
Stevetrend
Good point made ....appreciated
ForecastCity
@IANBRYAN, 👌
Mesutkashmar
Very nice analysis man, looks very clean
ForecastCity
@Mesutkashmar, 👍 👍
SAMADI03
hello
i am saeed samadi
your prediction is very good.
can i have your phone number?
ForecastCity
@SAMADI03, Thanks 🙏. Please contact us on our website: forecastcity.com
Sheilacarson
Wow excellent post..Nice explanation Thanks for Sharing with us:)
ForecastCity
@Sheilacarson, You're welcome. we're glad you liked it.
bumagat102792
Guys?Common man short is not a good idea.
. Daily It just finish wave 5 elloit wave
. Now it's in zigzag pattern C
. Check your weekly it's bullish harami

Email me.: brylleangelo102792@yahoo.com
Signals or question
ForecastCity
@bumagat102792, Thanks for sharing your point of view about it.
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