- The ratio of buyers and sellers is close to parity, it's time to think about price turning up.
- Downward price movement is accompanied by reversal signals of Profit Ratio indicator.
- In this sideways movement, retail traders prefer to hold short trades. There seem to be a major player interest in an upward movement.
- The first target is at the level of the previous peak - 1.1425, and the second one, in case of an active price increase, is at the level - 1.145
EURUSD - Upward trend will continue, Long trade by market price recommended
February 21, 2022 8:06:29 AM
Forecast Details
PairEURUSD
Direction
Buy
StatusClosed (1.1320)
+75 p
1.1450
Target 2
+50 p
1.1425
Target 1
1.1375
Entry
-55 p
1.1320
Stop Loss
Chart & Analyst Comments
