EURUSD is under selling pressure
Updated
EURUSD
*Recently the Euro got more weakness due to this And ECB is trying to provide additional stimulus package to cop up with the outbreak
*EURUSD is trading in a downtrend channel After reaching the 1.09781 level which is also a 61.8% Fibonacci its started falling towards 1.09100 which is 78.6% Fibonacci
*Currently this 78.6% Fibonacci is acting as barrier for the bull
*We can open short positions at this level
*Potential take profit will be 1.07540
*Stop lose may placed above the 1.09800 level
*Leave your valuable comments below
EURUSD - PIVOTAL POINTS
PP 1.092
R3 1.1282
R2 1.1164
R1 1.1038
S1 1.0795
S2 1.0677
S3 1.0552
*Recently the Euro got more weakness due to this And ECB is trying to provide additional stimulus package to cop up with the outbreak
*EURUSD is trading in a downtrend channel After reaching the 1.09781 level which is also a 61.8% Fibonacci its started falling towards 1.09100 which is 78.6% Fibonacci
*Currently this 78.6% Fibonacci is acting as barrier for the bull
*We can open short positions at this level
*Potential take profit will be 1.07540
*Stop lose may placed above the 1.09800 level
*Leave your valuable comments below
EURUSD - PIVOTAL POINTS
PP 1.092
R3 1.1282
R2 1.1164
R1 1.1038
S1 1.0795
S2 1.0677
S3 1.0552
Trade active
EURUSDIs now running with +40 pips..and move your SL in to our entry point to protect our capital
Trade closed: target reached
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