SELL Currency Pair EURUSD

Forex Pair EURUSD

Time Frame : 30 Min Chart

Watch for SELL Entry at 1.1858

The EURUSD is under pressure and holding below the MAs which we expect to lead to a squeeze lower to clear out some buyers. We expect to see some Sell stop losses triggered below 1.1860 so are happy to sell at 1.1858 and will hold the Stop Loss at 1.880. If price trades higher to 1.1880 before triggering the entry, then we will cancel the alert and re-assess the action. The initial target will be around 1.1820.

Currency Pair : EURUSD

Current Price : 1.1865

Sell Entry : 1.1858

Stop Loss/Cancel Level : 1.1880

Status : On watch for Sell Entry Trigger at 1.1858