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Trading Signal EURUSD - 03 / 05 / 2022 - 10:00 (GMT +3)

Trading Instrument: EURUSD

Previous Close 1.0503
Change -0.36 %
Current 1.0500

Trend & Condition

Downwards
Strong

Support & Resistances

1.0485 1.0530
1.0470 1.0555
1.0430 1.0600

Comments

The market is testing resistance at 1.0530. We are
waiting to see reversal signals in order to reinstate SHORT positions, or alternatively the downward break of the 1.0485 support level. Next important resistance the 1.0555 level.

Position Entry

SELL - -
SL - -

TP1 - TP2
1.0470 1.0430