EURUSD - Intraday
We look to Sell at 1.1677
We will cut loss at - 1.1697
Our profit targets will be 1.1617 and 1.1601
Risk to reward ratio - 3:1
We are trading at oversold extremes. Our outlook is bearish.
50-hour EMA is at 1.1675.
There is no clear indication that the downward move is coming to an end.
We look to sell rallies.
Resistance: 1.1680 / 1.1700 / 1.1710
Support: 1.1660 / 1.1640 / 1.1610
Signal Centre
We look to Sell at 1.1677
We will cut loss at - 1.1697
Our profit targets will be 1.1617 and 1.1601
Risk to reward ratio - 3:1
We are trading at oversold extremes. Our outlook is bearish.
50-hour EMA is at 1.1675.
There is no clear indication that the downward move is coming to an end.
We look to sell rallies.
Resistance: 1.1680 / 1.1700 / 1.1710
Support: 1.1660 / 1.1640 / 1.1610
Signal Centre
Trade active:
Trade has been filled at 1.1677
Comment:
30 minutes in, and we are already in over 35 pips profit!
Trade closed: target reached:
Trade closed intraday UK close 1.16631 +4 pips
