Petr Suchanek


FX:EURUSD   Euro / U.S. Dollar
631 1 1
The price has nicely reacted to 1.3851-1.3864 zone, which is just around the 61.8 Fibonacci level of the previous downswing. These two levels define a zone for shorts, so look for any kind of weakness there to enter short.
If the current lower range boundary is breached and the price closes strongly below 1.3789, it would be time for further decline and shorts off that level are high potential opportunities.

A strong bounce off of 1.3789 might be a sign that the range-bound market continues, so intraday long trade setup around 1.3789 is likely.

A strong close above 1.3864 migh indicate that eur is about to go higher, so look for any pullback showing some weakness of bears to join the bulls there. Target for longs is at 1.3900.

Petr             Suchanek
Forex, Futures & Options Trader
Twitter: @FlexibleTrader
YouTube Channel:

#3, then...
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out