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Eurousd

EURUSD | +400 pips Bullish Wave Expected..!! #EURUSD (Update) In daily timeframe Chart, Still Moving Below the Descending Trendline & Crucial Horizontal resistance 📉 At the moment, Bulls once again Heading towards the Key horizontal Resistance (1.1380) If Horizontal & Trendline Resistance Respectively Got Cleared, expecting +400 pips Bullish Impulse in Coming days. 📈 Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
Long
by Faibik
2
2 Possible moves for EURUSD pair - SHORT then LONGWe can see EURUSD trading in a channel range on the bigger timeframe of Weekly. Currently we see the pair ranging in a local area of 1.119 to 1.138 after dumping down. The MACD is still strongly trending down, not yet showing clear sign of reversal in momentum. 1. SHORT TRADE : We can look to SHORT the retest of the neckline it has broken down from, 1.15. Target the bottom of the channel around 1.1035 SL above the 3 EMA 50, 100, 200 2. LONG TRADE : We can look to catch a LONG from the support zone confluent with bottom of channel line at 1.098 Target top of channel but TP along the way. SL below channel support line I mainly trade cryptocurrencies as I love the volatility. Let me know if I should do more forex pairs. Do like and follow if you like this idea and benefited in some way :)
by Gold_D_Roger
EURO/USD Technical AnalysisEuro still very weak against the USD, price tired to push a little bit to the upside but couldn't even reach the 0.5 fibo retracement (1.1715) level, I believe the selling pressure will continue to push the prices down. Recently price has created a double top at 1.19 and broke the neckline and the range of this double top pattern has a similar target with the fibo extension level -0.27 which is 1.1420 area which might act as support for a period of time before price sells off more.
Short
by alicanuz