Forex_Times

✍️ EURUSD: 19-23.07.2021 targets.

Short
OANDA:EURUSD   Euro / U.S. Dollar
Over the past trading week, the net outperformance of the buyers has decreased by 16%.
🌐 The continuation of the daily decline further confirms the 3% decrease in market volume.
The unidirectional nature of the movement over the coming week suggests a 1% decrease in investors' locked positions.
The nearest medium-term support is the premium level of the hedge support zone (1.1765).
👉 In case of a successful test of the downside positions (1.1837) we expect the decline with the targets: the premium of the hedger support zone (1.1765) and the loss of the market maker (1.1748).
In case of breakdown and consolidation above 1.1837, the subsequent upside target for trading within the trading week is a $108 million (1.1888) downside position gain.
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Trade active:
📊 EURUSD: unwinding the balance of the week. 🔥 The nearest support level for today is the limit buyer (1.1775).
The main scenario for today is a successful test of the limit seller (1.1838) and a subsequent decline with the target,limit buyer (1.1775).
⏳ On break and consolidation below the above support, the subsequent downside target is the market maker's loss (1.1748).
Trade active:
✍️ EURUSD: choosing intraday targets. 🌐 The nearest support level for today is the limit buyer (1.1762).
The main scenario for today is a successful test of the limit seller and a subsequent decline with the target,- limit buyer (1.1762).
👉 In case of breakdown and fixation below the price level of 1.1762 the final downside target before the close of the day is the loss of the market maker (1.1748).
Trade active:
✍️ EURUSD: will the balance of the day be tested? 🔥 The nearest support level for today is the limit buyer (1.1762).
♻️ In case of a successful test of the balance of the day (1.1785) we expect a further decline with the target,- limit buyer (1.1762).
In case of breakdown and fixation below the 1.1762 price level, we expect decrease to the market maker's loss (1.1738).
Trade active:
✍️ EURUSD: what does the consolidation below the balance of the week tell us? The closest resistance for today is the balance of the week (1.1808).
📌 The subsequent resistance for Thursday, July 22, is the limit seller (1.1818).
In case of successful test of limit seller level (1.1818), expect a decline with intraday targets: hedge zone (1.1768) and market maker loss (1.1738).
Trade active:
❗️ EURUSD: settled below the balance of the week. In trading on Thursday, July 22nd, the pair consolidated below the balance of the week (1.1809).
✍️ The nearest support level for today is the limit buyer (1.1766).
🌐 The main scenario for today is a successful test of limit seller level (1.1797) and subsequent decline with targets: limit buyer (1.1766) and market maker loss (1.1739).
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