EUR/USD sell trade continuation with target at the 100day EMA
Hello traders! In my weekend analysis for EURUSD, I recommended selling
EURUSD@1.2220-1.2260. ( previous idea attached below)
So, I hope you have already got your sell entries and you are currently in profit.
Currently, we have yet another bearish daily candlestick with a relatively long
wick at the top indicating that the sellers are slowly stepping in.
So,if the bearish price action continues, I would expect further drop towards the
1.2150 and eventually towards 1.2040 as well.
My recommendation is to keep selling EURUSD@1.2220-1.2260 with SL above 1.23
and TP as mentioned above.
EURUSD@1.2220-1.2260. ( previous idea attached below)
So, I hope you have already got your sell entries and you are currently in profit.
Currently, we have yet another bearish daily candlestick with a relatively long
wick at the top indicating that the sellers are slowly stepping in.
So,if the bearish price action continues, I would expect further drop towards the
1.2150 and eventually towards 1.2040 as well.
My recommendation is to keep selling EURUSD@1.2220-1.2260 with SL above 1.23
and TP as mentioned above.
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