EURUSD WEEKLY RANGE SET UP
Previous week's range made a high at 1.11891 and weekly low at 1.10658
Range sublevels show that the current pivot lies at the 1.11559 support.
If price will exceed the range in coming week then this level has to hold for any advance up.
Below 1.11559 we have the 0.618 division of the range at 1.11120 level which was close the the 19th September low.
Weekly trade 1 : Buy
TP - 1 = 1.11840
Stop loss : Reasonably below 1.11559
Trade 2 (If price moves below 1.11559) : Sell
TP - 2 = 1.11245 with extension to 1.11120
Stop loss : Above 1.11559
Trade safe, goodluck
Range sublevels show that the current pivot lies at the 1.11559 support.
If price will exceed the range in coming week then this level has to hold for any advance up.
Below 1.11559 we have the 0.618 division of the range at 1.11120 level which was close the the 19th September low.
Weekly trade 1 : Buy
TP - 1 = 1.11840
Stop loss : Reasonably below 1.11559
Trade 2 (If price moves below 1.11559) : Sell
TP - 2 = 1.11245 with extension to 1.11120
Stop loss : Above 1.11559
Trade safe, goodluck
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.
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.