TradingView
ForexTrendline
Jan 27, 2022 6:04 AM

EURUSD after FED - the big picture Short

EURO / U.S. DOLLARICE

Description

Analysis on 12th of Jan


EURUSD is heading towards 1,1190. This is what we expected and talked about earlier this month.

This is a level which could be reached today and price possibly slowing down around those values.

The important levels that we don't expect for price to violate are above 1,1300 - they could be used for SL when looking to sell.

The best entries would be around 1,1245 with targets below previous support at 1,1190.
There is a potential for new lows on the higher timeframes, so we will continue looking at this situation in our daily analysis!
Comments
bestfarbit74
nice one. almost same view
jojofang0901
Good bearish overview
TradingAlchemist
Good view! I agree ;)
Solldy
very good idea
Wolf_of_Trading
thanks for sharing , my idea is As long as the blue channel is not broken, we can expect a rise, .
ForexTrendline
@Wolf_of_Trading, fair enough :)
JoeChampion
Well done mate, you are amazing!
ForexTrendline
@JoeChampion, Cheers, good to hear that!
Michael_Winner
Looks very good, thanks for sharing your eur/usd idea
ForexTrendline
@S-group, No worries, you're welcome!
More