Euro / U.S. DollarShort
EURUSD: Daily Bearish Idea
Updated
EURUSD Daily has just broken a very strong key area between 1.11700 and 1.11500. Following a recent close under that key area, price seems to try and enter that consolidation area between 1.11500 and 1.10000. Furthermore, recent signature of China's trade deal by Trump's administration should, in principle, strengthen the USD.
Looking at selling EURUSD at this current price.
These are purely analysis for the week leading 29th December 2019 and should not warrant any trade actions. They are purely for analysis and technical reference for you to put your own trading ideas to.
Looking at selling EURUSD at this current price.
These are purely analysis for the week leading 29th December 2019 and should not warrant any trade actions. They are purely for analysis and technical reference for you to put your own trading ideas to.
Note
Update 2020-01-17 @ 09:05 AST (GMT-4)TP1 Hit at 1.11110
Floating profit.
If you took that trade and profited, enjoy!
Note
Update 2020-01-17 @ 18:05 AST (GMT -4)Floating comfortably at 60+ Pips profits heading into the weekend.
Take profit 1 hit, stop loss at entry, easy and easy profits.
Note
Update 2020-01-28 @ 20:57hrs AST (GMT -4)Movement fully completed and Take profit levels smashed.
Trade unfortunately closed early, but analysis was spotless.
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