Good day, dear investors and colleagues traders!
Your attention a technical analysis of the currency pair #Eurusd:
The asset continues to be in a downward movement, moreover, the angle of inclination of this trend also increased from 15 ° to 37.4 °.
There was an increase in the Range (Amplitude coefficient of motion) from 88.4 points to 145.3 points.
On the MACD, divergence was noticed, while according to our estimates, the pair entered the zone attractive for shopping with the given #StopLoss and #TakeProfit sizes.
The ideal combination for us is the coefficient #RR 1k2, so the recommended purchase price is at 1.1000.
Given the growth of ranges that occurred quite recently, we can assume that soon, the currency pair will exit the downward channel and possibly test the upper limit of the downward channel, if this happens - we expect a breakthrough of this line with a subsequent increase.
At the moment, the pair is seeing consolidation suitable for the accurate opening of long positions.
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
Your attention a technical analysis of the currency pair #Eurusd:
The asset continues to be in a downward movement, moreover, the angle of inclination of this trend also increased from 15 ° to 37.4 °.
There was an increase in the Range (Amplitude coefficient of motion) from 88.4 points to 145.3 points.
On the MACD, divergence was noticed, while according to our estimates, the pair entered the zone attractive for shopping with the given #StopLoss and #TakeProfit sizes.
The ideal combination for us is the coefficient #RR 1k2, so the recommended purchase price is at 1.1000.
Given the growth of ranges that occurred quite recently, we can assume that soon, the currency pair will exit the downward channel and possibly test the upper limit of the downward channel, if this happens - we expect a breakthrough of this line with a subsequent increase.
At the moment, the pair is seeing consolidation suitable for the accurate opening of long positions.
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
