TradingView
DeGRAM
Jun 5, 2020 7:17 AM

4 reasons to sell EURUSD Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD continues to grow.
Let's analyze the chart on the timeframe D1.
4 reasons to sell EURUSD
1) The trend remains falling.
2) The price is near a strong resistance level of 1.146
3) The price is near a strong resistance line.
4) Good risk to reward ratio
Comments
Guztro
Thanks for the analysis, but I think it's too early to start selling the EURUSD, the dollar is too soft. My prediction is that we'll see this pair moving higher in the coming weeks.
Davblitz
@Guztro, Hes highlighted a resistance that will be blown through.
viximum
Perfect! With all the textbook analysis, now it's time to do the opposite. So buy :)
benjaminlyons22
when u expect the tp?
ForexPaidSignalfree
Nice analysis
mdjakirhossainsarder153
Thanks
Fx-jomic
thanks for the analysis!
Fx-jomic
ProjectSyndicate
nice updates, looking good. also shorted eurusd.
More