Euro / Dollar Américain
Short

EUR/USD resistance still intact in the weekly chart, more drop?

1867
Hello traders, in my previous EUR/USD idea, I recommended selling
at 1.2250. ( idea attached below). So, if you followed that, you must have
made 120 pips profit when price dropped to 1.2130.
EUR/USD bulls taking a breather, chance for the bears?


Currently, EUR/USD is just below the 1.22 key level and the resistance is still
intact on the weekly chart.

My recommendation is to look for sell entries closer to the 1.2220-1.2260 level if
bearish price action happens.
TPs can be placed at 1.2150 and 1.2070 respectively with SL above 1.2300.

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.