EUR/USD hourly chart analysis, possible short-term sell? Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Jun 8, 2023 3:39 PM

EUR/USD has spiked to 1.0780 key level on account of USD weakness
across the board. However, in case the key level that I have highlighted in my
chart shows any weakness, we can expect EURUSD to fall back to the
1.0710 level.

Comments

basictradingtv

⋅ Jun 8, 2023 4:29 PM

great!

YourLazyTrader

⋅ Jun 8, 2023 4:45 PM

@basictradingtv, Thanks mate

JayaFxTrading

⋅ Jun 8, 2023 3:57 PM

Possible for sure but looks risky to me. Sell now?

YourLazyTrader

⋅ Jun 8, 2023 4:11 PM

@JayaFxTrading, Risky definitely, let's see if we can get 4-5 bearish candlestick in 15 minute TF

JoeChampion

⋅ Jun 9, 2023 2:09 PM

Good work!

ibrar550

⋅ Jun 8, 2023 4:31 PM

price is tooooooooooooo bullish just now to go in as a sell

YourLazyTrader

⋅ Jun 8, 2023 4:45 PM

@ibrar550, I think your point is valid buddy