EURUSD reacting off resistance, further potential drop!

4 เม.ย. 2018

EURUSD has reacted off our first resistance at 1.2285 (horizontal overlap resistance) and a further drop might occur below this level, pushing price down to our major support at 1.2238 (horizontal swing low support).

RSI (89) is also approaching our descending resistance line and a reaction of this level might be a good precursor of a potential drop in price.

Losses can exceed the initial investment so please ensure you fully understand the risks Trading CFDs on margin carries high risk.

6 เม.ย. 2018

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

Dropped nicely to our major support!! Did you mange to ride the wave down?