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EURUSD - Downward trend will continue, Short trade by market price recommended

Jacob Powell on FXSSI Jacob Powell Expert
main-sell-market-trend-1
Forecast Details
PairEURUSD
Publication Time11/11/26 8:17 AM
Direction Sell
Status Market
8:17
8:17
Nov. 11, 2026
Forecast
-65 p
1.1220
Stop Loss
1.1155
Entry
+65 p
1.1090
Target 1
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Chart & Analyst Comments

main-sell-market-trend-1
  1. The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
  2. The last upward movement was characterized by a “surge” in retail buyers. This is a good reason to start thinking about short positions.
  3. Price broke through the MVP line and rushed down. We consider this a sign for further EURUSD price decrease.
  4. The risk-to-profit ratio allows us to set Take Profit for a Short trade at 1.109
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