EUR/USD 25/05: Is this a valid buy entry point?

25 May 2023

EURUSD The daily chart shows EUR/USD closing below 1.0775, suggesting further weakness. While there may be some consolidation, the common direction could be downwards.

The 100-day simple moving average (SMA) is flat, about to turn bearish, currently hovering around 1.0810, reflecting three bearish weeks.

Expected to have a strong bounce after a series of deep declines

BUY EURUSD zone 1.0730 - 1.0710

StopLoss: 1.0680

Take Profit 1: 1.0780
Take Profit 2: 1.0830

Note: Install TP, SL full to win the market!

25 May 2023

Not

Current entry point

25 May 2023

Not

+20pips✅✅

26 May 2023

Not

Already in the entry point

27 May 2023

İşlem aktif

Still following the trend