Eurusd Analysis – EURUSD long on weekly chart
Eurusd Analysis – EUR/USD long on weekly chart TP1 = 1.13433 ENTRY = 1.10391 SL = 1.08461 2 positions with a similar stop loss and x1.618 target for the primary position The stop loss of the second position to breakeven when the first position hits the target1. The second position has no target, only exit Risk= 2 of account capital (1% every position).
EURUSD has spiked up and hit a major resistance point wherever we expect price to correct back down towards the trendline. RSI is signalling overbought and price is at the highest of its local channel. looking to short with TP at the primary support level and SL above the local high.
EURUSD Clear Forecast for coming week
I did explain clearly with trendline.. I will guarantee with my long-time experience.. sure.. we ar going to see 1.1150 level..see you there… Thank you.. Please share your views and feedback.