Platinum-Wealth-Creators
Short

EUR/USD Weekly short analyse!

FX_IDC:EURUSD   EURO / US DOLLAR
41 0 1
as we can see by the chart earlier on this year EUR/USD             was very bearish , following a bearish trend line as seen on the chart as the blue trend line. we eventually broke this level after finding some strength following a bullish trend line also seen on the chart as the blue trend line. however after breaking the bearish trend line we found heavy resistance at the purple zone, which EUR/USD             could not break and clos above, we saw ourselves in a range between the purple zone and the purple line (1.08198) after breaking the bullish trend line EUR/USD             led to a break and close below this support level supporting further downside. our weekly downside target for this pair is 1.01912. we have also placed our short position trade on the chart so you can see our risk to reward for this trade.
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 Billing Sign Out