Mihai_Iacob

EurUsd- Where to sell for HUGE profit?

Short
FX:EURUSD   Euro / Dollar Américain
Since the end of October, EurUsd has risen a lot, with the pair gaining more than 1000 pips from the bottom to the top. Also, since the recent high, the pair slightly corrected and now is trading in a narrow range with a bullish tendency. Although technically a new high is not out of the question, traders should be aware that this is just a correction to the longer-term trend and fundamentally nothing changed to sustain further gains.

Also, looking at a weekly chart we can see that EurUsd is testing a very important old support zone (now resistance) and there is a very high chance for a reversal from this zone.


In conclusion, rallies in this zone should be sold and a reward for such a trade could be fabulos in medium term if we target parity zone




🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.