fxplan

EURUSD: Short-term bias stays neutral.

EURUSD: Short-term bias stays neutral.(Long-term: stay bearish)

  • Current trend:
    Short-term: bias stays neutral., see the latest >> “Weekly Analysis” << for EURUSD.
    Long-term: stay bearish(below 1.2000 support turned resistance) and expect a new low below 1.0461
  • Support and resistance:
    S1# 1.0870, S2# 1.0800, S3# 1.0700
    R1# 1.0955, R2# 1.1000, R3# 1.1100
  • Trading tips:
    Downside: below 1.0700 could target 1.0600
    Upside: above 1.1060 could target key resistance around 1.1495
  • Strategy:
    buy above @1.0870, SL @1.0800, TP @1.1000
    sell below @1.0870, SL @1.0940, TP @1.0710 

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