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ForecastCity
Nov 26, 2021 10:13 AM

💡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 the suggested support line (1.1230).
. 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 an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 55

Take Profits:
TP1= @ 1.1286
TP2= @ 1.1350
TP3= @ 1.1400
TP4= @ 1.1452
TP5= @ 1.1512

SL= Break below S2

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Comments
Nadly
Great TA, thanks for sharing.
ForecastCity
@Nadly, You're welcome! Thank you as well for your comment.
Sophi2018
Good job! Clean analysis.
ForecastCity
@Sophi2018, Thank you. We appreciate your support.
DenizKilicDeniz
Excellent analysis.
ForecastCity
@DenizKilicDeniz, Thank you for your feedback. We appreciate it.
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