Hello, Traders!
Monfex is at your service and today we overview EUR/USD.
EURUSD has a bullish divergence by RSI and soon it will reach the 61.8% Fibonacci which is a good support level for bulls. Moreover, there was no rebound after start falling by double top pattern.
Potential profit will be in 3 times bigger than risk.
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Monfex is at your service and today we overview EUR/USD.
EURUSD has a bullish divergence by RSI and soon it will reach the 61.8% Fibonacci which is a good support level for bulls. Moreover, there was no rebound after start falling by double top pattern.
- The resistance zone ~ 1.1064-1.1075
- The support zone ~ 1.10-1.09935
Supposed Trade Signal by EUR/USD
- Buy near support zone 1.10
- Take profit ~ 1.1070
- Stop loss at 1.09847
Potential profit will be in 3 times bigger than risk.
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
