xosignals

Is it time to board a train? #EURUSD

Short
FX_IDC:EURUSD   Euro / U.S. Dollar
After a 1.5% rise in the Euro against the Dollar, are we on the way to changing the trend? As can be seen from the graph above, the Eur has not yet emerged from the red descending channel, the EUR is still below the 200 moving average, the Eur has not yet broken the resistance at 1.1264 because of our proximity to the aforementioned resistance positions, we prefer to recommend Sell
Take profit: 1.1125
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.