Ferry.Hartanto
Short

EURUSD Daily Chart : Downside Pressure (Refer Previous Chart)

FX:EURUSD   Euro Fx/U.S. Dollar
38 0 0
Preference short positions below 1.1720 with targets at 1.0450 & 0.9600 in extension.

Above 1.1720 look for further upside with 1.2300 & 1.2850 as targets.

The pair has broken below a rising trend line in place since 2005 and then posted a pull back on the resistance at 1.1720 before validating a bearish flag . Next targets are set at 1.0450 and 0.96 in extension.

Risk management in priority.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out