EURUSD Downtrend continues to appear

Analysis and strategy EURUSD

In the 24-hour timeframe: Yesterday, I expected EUR to trade in the 1.0870/1.0915 range. We didn't anticipate the spike in volatility. After rising to a high of 1.0930, EUR plummeted to a low of 1.0831 and then closed at 1.0844 (-0.44%).

The rapid decline has regained momentum and EUR is likely to weaken further today. A clear break of key support at 1.0830 could lead to a drop to 1.0790 before the risk of a rebound increases. Resistance is at 1.0870, followed by 1.0890.

ความคิดเห็น:

NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest

ความคิดเห็น:

SELL EURUSD 1.09000 - 1.09200

SL : 1.09660

TP 1 : 1.08700
TP 2 : 1.08500
TP 3 : 1.08300