After the drop from 1.19 zone to 1.16, EurUsd entered a correction phase and has risen to 1.18 zone.
Bears are strong in this zone and I expect a new leg down for the single currency.
A great 1:4 R:R could be reached with a sell trade with 1.15 as a target and an SL above the recent high
Bears are strong in this zone and I expect a new leg down for the single currency.
A great 1:4 R:R could be reached with a sell trade with 1.15 as a target and an SL above the recent high
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.