Price action analysis shows that bears are strong and EUR/USD may keep moving lower over the course of the next few days.
If price breaks through the Bearish Flag, 1.1080 will be the next target for the bears.
Possible Trade Signal
Sell Entry : 1.1220-1.1248
Stop Loss: 1.1274
Take Profit: 1.11
The above signal will be valid only if price action supports a Sell trade at the time of trade execution.
If price breaks through the Bearish Flag, 1.1080 will be the next target for the bears.
Possible Trade Signal
Sell Entry : 1.1220-1.1248
Stop Loss: 1.1274
Take Profit: 1.11
The above signal will be valid only if price action supports a Sell trade at the time of trade execution.
Note
EURUSD breaks above the flag and also the crucial 100 moving average in the hourly chart. Current price action doesn't support a Sell trade as planned. Note
New Sell Trade Set-up 
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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.
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.