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ForexTrendline
May 9, 2022 4:36 AM

EURUSD will reach 1,0400 this week Short

EURO / U.S. DOLLARICE

Description

EURUSD reached a bottom at 1,0469 on 28th of April and it's been moving sideways for the past 2 weeks.
We're expecting that this retracement is over and this week we will probably see lower values.

Stops should still be above 1,0640 and our first target will be the levels of 1,0400.

Reversal candles around 1,0550 will be the best selling opportunities.
Comments
Lingrid
How do you think will it reach the 1,04043 level?
UnitedSignals
I live your TA on EURUSD! Well done!
VasilyTrader
Thank you for your analysis!
ProSignalsFx
Its a good trade right there!
MasterFrancis
i Also go a similar Price Analysis, well let's see how the action plays out 🥂
Solldy
A very high-quality analysis of the asset. I think that the immediate price reaction will help make sure of the further direction of movement. Buddy, I wonder what indicators you use in your analysis?
YMGroup
Nice euro explanation mate, I'm learning from you
Serana2324
Thanks for sharing
UnknownUnicorn15614419
thanks for the detailed analysis. I agree with you
ForexTrendline
@TradingStat, Cheers, you're welcome!
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