Trading Central

4/25/2019 EUR/USD ST: the downside prevails

by admin April 28, 2019 1 min read 0 comments

Key Takeaways

  • Market conditions and their impact on trading decisions
  • Key levels and price action analysis
  • Risk management strategies for this setup

Pivot: 1.1380

Our preference:short positions below 1.1380 with targets at 1.1000 & 1.0870 in extension.

Alternative scenario:above 1.1380 look for further upside with 1.1450 & 1.1550 as targets.

Comment:the RSI is bearish and calls for further downside.

Our key levels:

PivotLast
1.1380


1.1153


ResistancesSupports
1.1550
1.1450
1.1380
1.1000
1.0870
1.0730

Cảnh báo về Rủi ro: Tất cả Các phân tích, dự báo xu thế chỉ mang tính tham khảo, Bạn nên được tư vấn bởi các chuyên gia khi thực hiện giao dịch, đầu tư vào thị trường tài chính nói chung. Cảm ơn bạn đã theo dõi.

Trading Data Snapshot

Always verify current market conditions before executing any trade. Past performance does not guarantee future results.

A
admin
Trading analyst and market commentator with expertise in technical analysis, price action, and risk management. Dedicated to helping traders make informed decisions.

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