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germanbel

EURUSD: Partially Overbought?

Short
Euro / Dollar Américain (FX:EURUSD)  
germanbel Mis à jour   
FX:EURUSD   Euro / Dollar Américain
Trend Analysis Wave Analysis
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trendanalysis waveanalysis
I share my forecast.
I see the pair overbought. I prefer to sell over resistance 1,2050 where the pair seems to be consolidating to correct down. Shorts should be reversed at break up level at 1,2150.

Remember to do your homework and take your own decisions.
Commentaire:
I will leave my short at 1,2075 because I still have indicators telling me this correction down is not over BUT I am going to settle a stop loss at 1,2110. Support 1,1950/1,1935 is a good one to begin taking profits.

Remember to do your homework and take your own decisions.
Commentaire:
Short Done. Taking profits at 1,1975 now. From now on will see best support for longs.

Remember to do your homework and take your own decisions.
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