EURUSD On demand...

in forex •  7 years ago 

Good afternoon, evening, morning everyone.

It's being a lot of time since my last post on technical analysis to be honest it's being more than a year!

I will do my best to provide technical outlooks on a daily basis, hopefully with that to establish network with other fellow traders.

So to the point guys!

I have been monitoring EURUSD for the last hours and i am looking a bearish momentum on this pair.

We are currently seeing a lot of pressure with bears trying to take control over our support area at 1.1690 level.

A break below 1.1680-1.1690 are will establish further bearish continuation towards 1.1662 level.

eurre.PNG

However, i am still long on this pair since 1.1695 level early this morning with stop loss at 1.1650 and Take profit at 1.1760 with apporximatly 1:1 risk ration.

Any suggestions and opinions will be much appreciated

Thank you. Happy Trading

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