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Mihai_Iacob
7 Ara 2022 04:05

EurUsd- Top in place and final of correction? Satış

Euro Fx/U.S. DollarFXCM

Açıklama

Since the low from September at 0.95, EurUsd had a pretty good run, with the pair gaining 1k pips which translates into 10%.
However, as I draw attention in my past posts, this is a correction to the overall trend with both technicals and macro fundamentals still intact and not sustaining a strong Eur in the near future.
The recent top was very near a very strong and important resistance that lies between 1.07 and 1.08 and although we didn't touch that zone, the pair could have topped.
At the time of writing EurUsd is trading exactly on support and a break here would confirm a false up break of the triangle and call for further losses.
Considering the 1.06 top, traders should look to sell rallies in search of good R: R considering 1.0250 as the target.


Yorumlar
UnknownUnicorn15614419
I think that the range of possible price movements is not allocated quite correctly, it is worth checking them through the volume profile. But in general, I support the idea, the description is detailed, the technical analysis is qualitative. Thank you for your work!
Mihai_Iacob
@TradingStat, thanks for support
TheFxAce
looking good for a drop
Mihai_Iacob
@TheFxAce, Yeah. Thanks for comm
InvestMate
I look forward to continued declines
AtlasTrades
Good eurusd idea, agree with you, it's really possible scenario
Michael_Winner
Definitely on a great eurusd chart brother
ZH-FX
Looks great bro
Gold-Tech
Interesting explanation, I support you and agree with your idea)
KlejdiCuni
Considering the market conditions your forecast should work very well. Great job
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