FxWirePro
Short

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

FX:EURUSD   Euro Fx/U.S. Dollar
784 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
Cityfox
2 years ago
So long now? It's at daily S1
Reply
bilk29
2 years ago
you are the besste,,,gut man..:)
Reply
Tom_Killick
2 years ago
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.
Reply
FxWirePro Tom_Killick
2 years ago
@ Tom_Killick i thought of giving if it breaks 1.1140 but i am not able catch it . It declined so fatly
Reply
Cityfox FxWirePro
2 years ago
are you still long?
Reply
FxWirePro Cityfox
2 years ago
No not in long
Reply
FxWirePro FxWirePro
2 years ago
My second target was 1.1215 it was almost achieved at 1.12070
+1 Reply
Cityfox FxWirePro
2 years ago
That's good, because you would have lost 150 pips
Reply
Trader2014 Tom_Killick
2 years ago
Yeah. Sudly I didn't short euro at 1.1450 when it bounced fm both major down trend line and horisontal resistance. I think it is better to wait if it touches TL again and when try to short.
Reply
Tom_Killick Trader2014
2 years ago
safe entries were as early as late 18.05, i'm not being critical of course, i'm just saying a move from the highs to the channel bottom AT LEAST was highly likely anyway. over 200 pips in profit and counting,

Tom
+1 Reply
Tom_Killick Tom_Killick
2 years ago
Not channel bottom, I meant the lower ranges
+1 Reply
Trader2014 Tom_Killick
2 years ago
Train has moved..What do u think the probability of testing march lows or even going to the parity level?
Reply
frederic6
2 years ago
Long
Reply
frederic6
2 years ago
short
Reply
attilol
2 years ago
go long definitly
Reply
LarsSorensen
2 years ago
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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