Euro / U.S. DollarShort
EUR/USD resistance still intact in the weekly chart, more drop?
Hello traders, in my previous EUR/USD idea, I recommended selling
at 1.2250. ( idea attached below). So, if you followed that, you must have
made 120 pips profit when price dropped to 1.2130.
Currently, EUR/USD is just below the 1.22 key level and the resistance is still
intact on the weekly chart.
My recommendation is to look for sell entries closer to the 1.2220-1.2260 level if
bearish price action happens.
TPs can be placed at 1.2150 and 1.2070 respectively with SL above 1.2300.
at 1.2250. ( idea attached below). So, if you followed that, you must have
made 120 pips profit when price dropped to 1.2130.
Currently, EUR/USD is just below the 1.22 key level and the resistance is still
intact on the weekly chart.
My recommendation is to look for sell entries closer to the 1.2220-1.2260 level if
bearish price action happens.
TPs can be placed at 1.2150 and 1.2070 respectively with SL above 1.2300.
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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.