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EURUSD Short the Resistance.
Euro / U.S. Dollar
Short
EURUSD Short the Resistance.
By TiborVrbovsky
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Updated
Sep 28, 2020
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Sep 28, 2020
EURUSD has broken from a strong range, and currently is in strong downtrend with no clear indication with a leg up.
EU is now testing strong resistance level, and I doubt it can break this resistance area on first try, that's why I am going to short today EURUSD.
We still have EMA downtrend.
Bearish 1H close.
RSI is above 60, but holding on thin ice.
My
take profit
is around 1.1640 ( Around 30 pips).
Good luck with this trade!
Tibor
Sep 28, 2020
Comment
Already 20 pips down since the post of analysis, another leg down expected..
Sep 28, 2020
Comment
5m Chart in a Rising wedge.
RSI double top.
MACD selling wave signals first selling tick.
Sep 28, 2020
Comment
15m bigger picture.
Sep 29, 2020
Trade closed: target reached
Trade closed at 1.16414 +30 pips!
Candlestick Analysis
eulong
EUR
EURUSD
eurusdlong
eurusdprediction
Forex
forexisgnals
fx
Supply and Demand
Support and Resistance
USD
TiborVrbovsky
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