EURUSD - Intraday
We look to Buy at 1.1703
We will cut loss at at 1.1687
Our profit targets will be 1.1748 and 1.1768
Risk to reward ratio - 2,8 : 1
Previous resistance, now becomes support at 1.1700.
The RSI is trending higher.
A move through bespoke resistance at 1.1750 and we look for extended gains.
A break of yesterdays high would confirm bullish momentum.
50-hour EMA is at 1.1694.
Current levels of:
Resistance: 1.1710 / 1.1724 / 1.1740
Support: 1.1700 / 1.1694 / 1.1678
Signal Centre
We look to Buy at 1.1703
We will cut loss at at 1.1687
Our profit targets will be 1.1748 and 1.1768
Risk to reward ratio - 2,8 : 1
Previous resistance, now becomes support at 1.1700.
The RSI is trending higher.
A move through bespoke resistance at 1.1750 and we look for extended gains.
A break of yesterdays high would confirm bullish momentum.
50-hour EMA is at 1.1694.
Current levels of:
Resistance: 1.1710 / 1.1724 / 1.1740
Support: 1.1700 / 1.1694 / 1.1678
Signal Centre
Trade active
Entry of 1.1703 has been filled.Trade closed: stop reached
Stop loss was hit, price went 2 pips below our SL level and then hit TP!Related publications
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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.
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.