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EURUSD Sell Update - Strong Resistance Area

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Euro / USA-dollar (FX:EURUSD)  
cvfxwealth Uppdaterad   
FX:EURUSD   Euro / USA-dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD forexlearning Forex fx forexsignal forextrading forexanalysis investing
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EURUSD has been going against techincals on lower time frames but monthly and weekly still points at a drop.

Price currently at a past Resistance and monthly down trend line, which spans from 2008.

I will be looking for a sell entry once we have a bearish daily and/or weekly candlestick below the monthly downtrend line.

Stay tuned for a large sell opportunity with EURUSD.

Stay tuned!


Charles V
www.cvfxmanagement.com
@cvfxwealth
Trading made Simple
Kommentera:
Entered at 1.1900 last night with short SL. Closed trade at 1.1800 for 100 pips gain.

Next setup: Wait for a break below 1.1700 then sell on retest of 1.1700 area towards 1.1500 area.
Kommentera:
No bearish signal yet, avoiding entry at the moment.

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