EURUSD is under selling pressure

19 mar 2020

EURUSD

As the corona virus cases surging in European region the stocks and indices are falling down and the investors are selling off their portfolios

*Recently the Euro got more weakness due to this And ECB is trying to provide additional stimulus package to cop up with the outbreak

*EURUSD is trading in a downtrend channel After reaching the 1.09781 level which is also a 61.8% Fibonacci its started falling towards 1.09100 which is 78.6% Fibonacci

*Currently this 78.6% Fibonacci is acting as barrier for the bull

*We can open short positions at this level

*Potential take profit will be 1.07540

*Stop lose may placed above the 1.09800 level

*Leave your valuable comments below

EURUSD - PIVOTAL POINTS
PP 1.092
R3 1.1282
R2 1.1164
R1 1.1038
S1 1.0795
S2 1.0677
S3 1.0552

19 mar 2020

Zlecenie aktywne

EURUSD
Is now running with +40 pips..and move your SL in to our entry point to protect our capital

19 mar 2020

Transakcja zamknięta: osiągnięto wyznaczony cel