EURUSD - Upward trend will continue, Long trade by market price recommended

June 27, 2019 11:31:43 AM by Jacob Powell
Forecast Details
PairEURUSD
Direction Buy
StatusClosed (1.1378)
11:19
11:19
Jun. 27, 2019

+49 p
1.1420
Target 1
1.1370
Entry
-60 p
1.1310
Stop Loss
Chart & Analyst Comments
EURUSD - Upward trend will continue, Long trade by market price recommended
  1. For a long time, the CurrentRatio indicator signals an opportunity for selling. We are using this signal as a basis for today’s trading forecast.
  2. When the price decreases, a signal is formed (orange labels), which implies an upward movement.
  3. The last upward movement was characterized by a “surge” in retail sellers. This is a good reason to start thinking about long positions.