EUR/USD May fall 70-100 pips
Insight - Price has broken previous downwards trend line and tested resistance at 1.8204 support at 1.0620 is yet to be broken but trend is still in a downward trend
Intraday - 4H
Trade: Sell
Entry 1.0618
Sell or Below: 1.0620
Target TP: 1.0555 & 1.0487
Pivot and Support 1.0620
Alternative scenario:
Trade: Buy
Buy or Above 1.0620
Target TP: 1.0804 & 1.0917
Insight - Price has broken previous downwards trend line and tested resistance at 1.8204 support at 1.0620 is yet to be broken but trend is still in a downward trend
Intraday - 4H
Trade: Sell
Entry 1.0618
Sell or Below: 1.0620
Target TP: 1.0555 & 1.0487
Pivot and Support 1.0620
Alternative scenario:
Trade: Buy
Buy or Above 1.0620
Target TP: 1.0804 & 1.0917
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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.
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.