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Trading Signal EURUSD - 24 / 08 / 2022 - 16:00 (GMT +3)


Instrument: EURUSD

Previous Close 0.9969

Change 0.25 %

Current 0.9926

52 Week High 1.1886

52 Week Low 0.9900

30 Days ATR 0.0108

40 Weeks ATR 0.0146


Support & Resistances

0.9900 1.0020

0.9840 1.0060

0.9710 1.0140


Trend & Condition

Downwards Strong


Comments

The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 0.9900 support level. Only the upward break of 1.0020 would cancel the bearish scenario.

Position & Trade Probability

Position :  SELL            
Entry :  0.9900
SL :  1.0020

Trade P. :  Medium      
TP1 : 0.9840
TP2 : 0.9710

Legal Disclaimer: All trading signals provided are general recommendations. They have not been prepared in accordance with the requirements designed to promote the independence of investment research.
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