Possible entry (short) for EURUSD
It is kinda "difficult" to say which direction the price will go next because all of this is just predictions.
The price could break the support line, this pair already broke the first support level, we can see that the chart wants to go down because of the 2 AMAs (average moving averages).
Also, the one-week range is at a low, we can see more going until the second support and after touching the support level the chart may have a big LONGmove to the 1 resistance (previous support level).
Depending on how the chart reacts, I am opening the trade on Tuesday until Friday.
Trade at your own risk.
Cya soon!
It is kinda "difficult" to say which direction the price will go next because all of this is just predictions.
The price could break the support line, this pair already broke the first support level, we can see that the chart wants to go down because of the 2 AMAs (average moving averages).
Also, the one-week range is at a low, we can see more going until the second support and after touching the support level the chart may have a big LONGmove to the 1 resistance (previous support level).
Depending on how the chart reacts, I am opening the trade on Tuesday until Friday.
Trade at your own risk.
Cya soon!
Trade closed: target reached