JonathanWong
Short

EURUSD Potential resistance

FX:EURUSD   Euro / U.S. Dollar
After forming a morning star 2 weeks ago, upside potential still present though minimal. Potential sell set up between 50% fibo and 61.8% fibo retracement from Mar 16 low. Presence of 50 day moving average within the price range acts as additional area of resistance. Volatility expected in the coming days therefore chances of prices moving up to 1.10 might be a possibility. However, it may just be the needed signal for a downward reversal.
EURUSD shot through the rough following shock in US 1st quarter GDP. Need to re-evaluate current market pressures
Reply
long opportunity form now.
Reply
JonathanWong Philson-Investments
Yup, upside does look attractive in the coming days. That is why i am looking between high 1.09 and 1.10 for short opportunity. As of now, I am flat.
+1 Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out