EURUSD - Downward trend will continue, Short trade by market price recommended
June 17, 2019 3:59:08 PM
Forecast Details
PairEURUSD
Direction
Sell
StatusClosed (1.1385)
-150 p
1.1385
Stop Loss
1.1235
Entry
+144 p
1.1090
Target 1
About Author
Patrick Yang
Expert
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Total votes: 150
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Chart & Analyst Comments
- The ratio of buyers and sellers is close to parity, it's time to think about price turning down.
- The decrease in the volume of sellers, together with the increase in the volume of buyers, confirms the need to sell according to our trading idea.
- MVP line is above the price and acts as a resistance level.