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Euro / U.S. Dollar
Long

EURUSD MIGHT TARGET 1.1800 THIS WEEK IF TRENDLINE & EMA BREAKS

By FX618Analysis
Updated
Depending on the new weekly pivot points, shall the trendline break the price will likely target 1.1800 region. Shall this happen, then it would likely be just a consolidation move before the downtrend resumes again.

Shall the criteria meet, i will put the details of entry in the comment section.
Comment
snapshot

WEEKLY PIVOT POINTS ARE SET FOR THIS WEEK. POTENTIAL TARGET IF TRENDLINES AND 4H EMA BREAKS IS THE R1 WEEKLY PIVOT
Trade active
ENTRY: 1.17340 OR BELOW
SL: 1.16900
TP: 1.17790
RR: 1:1
Trade closed: target reached
4hChart PatternsExponential Moving Average (EMA)EURUSDfundamental-analysisTechnical IndicatorspivotTrend AnalysisTrend Lines
FX618Analysis

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