FxWirePro
Short

EUR/USD Breaks trend line support ,targets 1.1060/1.1000

FX:EURUSD   Euro Fx/U.S. Dollar
785 16 6
EUR/USD             has broken trend line support 1.11000 and this confirms short term bearishness ,a decline till 1.1060/1.1000 cannot be ruled out .

Major short term reversal only above 1.1150 level.

It is good to sell around 1.1100-120 with stop around 1.1150 for the targets 1.1061/1.1000
DO NOT SELL!

I am sceptical about your advice to sell at 1.100-120 that would contradict Draghi's "we are seeing stronger economy once again in the Euro Area" recent statement.

I would definitely recommend BUYING at 1.100-120 and do NOT sell.
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go long definitly
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short
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Long
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Seems very late to enter a short, there was opportunities safe much higher,

But, I like how the daily has tested the 20MA and stalled, so move should still go.
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FxWirePro PRO Tom_Killick
@ Tom_Killick i thought of giving if it breaks 1.1140 but i am not able catch it . It declined so fatly
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Cityfox FxWirePro
are you still long?
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No not in long
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FxWirePro PRO FxWirePro
My second target was 1.1215 it was almost achieved at 1.12070
+1 Reply
Cityfox FxWirePro
That's good, because you would have lost 150 pips
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