Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.098). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis: . EURUSD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 47.
How I wish I saw this post. Instead, I went long thinking Eur would gain and by the time I was realising, the negative was so big, 😭....
ForecastCity
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@watiricharles, Thanks for your comment. please follow us here to get notified about new ideas. Also you can visit forecastcity.com for more forecasts.
Sohail276
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Great Analysis. Caught me some good pips 👍🏽
ForecastCity
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@Sohail276, we're so glad. Thanks for your comment. 🙏
thedreamertheinventor
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Thank you. I like it. Thank you again! I was not doing well since I am new to this, But I gained today , through you. Thank you and thank you again