EURUSD is currently trading in a range on weekly and daily basis.The crucial resistance level is 1.14246.
The next two crucial levels are 1.15924 and 1.17006.
If the trend line and the range breaks, these crucial levels are the next to reach .
The forecast line is being followed from 2016, at 2020, we have seen a big volume when the price reached near to this line again.
Trade Details :
- Trade Active: When range, trendline breaks
- Entry at or below = 1.14246
- Stop Loss = 1.11679 , or the Red Forecast Line
- Target 1: 1.15924
- Target 2: 1.17006
- Trading period: 5-6 weeks or longer
Take your trade only after doing your own analysis and plans.
Happy Trading :)
Trade active
Trade active
Entry at or below = 1.14246
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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.