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JamesZhang
Jan 6, 2016 9:11 PM

[10/12] EUR/USD Just Broke Previous Support !! Short

FX:EURUSD60
Euro Fx/U.S. DollarFXCM

Description

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  • 1/ The price just broke the previous support of 1.08065.
  • 2/ The price is moving under MAL of 60days & 100days.
  • 3/ Both of the Heights and Lows are moving lower, which shows a Downtrend of the price.
  • 4/ Suggest: Sell it and it get back to 1.0815

    Short: 1.0815
    SL: 1.089
    TP:1.0635
    Risk/Reward Ratio: 2.4
Comments
Piet.Hein
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My sell limit is at 1.0823, lets see if will be trigger

Piet.Hein
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Agree, Im seeing many traders taking this idea, and also I may take this one. But I believe the fall can go to 1.055 or even more deeper.
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