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ForecastCity
Apr 7, 2020 1:29 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 (1.0857). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 75.

Take Profits:
TP1= @ 1.0930
TP2= @ 1.0969
TP3= @ 1.1038
TP4= @ 1.1081
TP5= @ 1.1148

SL= Break below S2
Comments
sara-kian-fx
Great stuff. Liked this.
ForecastCity
@sara-kian, Thanks, we hope you find it helpful on your own trades.
Shiva_forex
Nice idea .. worked like a charm
ForecastCity
@Shiva_forex, Thanks. we hope you enjoy it.
mangolover
Great!
ForecastCity
@mangolover, Thanks. Do you have any published idea for EURUSD?
mangolover
@ForecastCity, Yes, i do. I'm bullish as well.
ForecastCity
@mangolover, Thanks for sharing your view about this pair.
DenizKilicDeniz
Great work!
ForecastCity
@DenizKilicDeniz, Thanks. What do you think about EURUSD?
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