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ForecastCity
Jun 20, 2019 11:04 PM

Don't miss the great buy opportunity in EURUSD Long

Euro Fx/U.S. DollarFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.1270). 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 uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 63.

Take Profits:
TP1= @ 1.1315
TP2= @ 1.1345
TP3= @ 1.1450

SL= @ 1.1230
Comments
Best_Forecast
Your TA is very great. Can you suggest me point for STOP-LOSS on this trade?
ForecastCity
@Alexander_007, Thanks for your comment.
Sure, Please read more about the Stop Loss at the link down below:
forecastcity.com/en/node/488

Read about the Intraday forecast here: forecastcity.com/en/forecasts/introduction/intraday
fxniki
I learn every day from you guys. thanks
ForecastCity
@fxniki, You're welcome.
Do you have any idea about this pair?
fxniki
@ForecastCity, I agree with your idea.
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