ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor EUR/USD Long-Term Trend: Bearish
Key Resistance Levels: 1.17618, 1.17791, 1.18203
Key Support Levels: 1.16758, 1.16523, 1.15856
Daily Chart:
The price on the higher time frame has recently been in a downtrend. It tested a key level of 1.18203 and reversed the direction. The pair has also broken a few support levels which suggests further trend continuation.
EUR/USD Medium-Term Trend: Bearish
1-Hour Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It broke a key area recently to shift the short-term trend to bearish. As of now the pair has broken and retested a minor level of 1.17530 before continuing the momentum.
Signal Idea:
Sell Limit Order @ 1.17309
TP @ 1.16831
Stop Loss @ 1.17791
Trade Safely 🙂
This trading signal is not financial advice, it is only education, and our opinion. Any trade you take is your decision. Trade safely.
Read full disclaimer at: https://forexrobotnation.com/disclaimer/
