Trading Signal Analysis!!
Trading Signal Analysis!!
EUR/USD OANDA:EURUSD
Future-keeper
Hello, traders
The EURUSD pair presents an enticing sell opportunity at the current price of 1.11727, with favorable potential for profit.
Targets:
Primary Target: 1.11020
Secondary Target: 1.09500
Breakout Scenario: 1.12570
In the event of a breach above the resistance level of 1.12570, indicative of a bullish breakout, the target price is anticipated to ascend towards 1.13500.
Technical analysis indicates a notable selling sentiment prevailing in the market at the present price level.
Fundamental factors align with the proposed sell strategy, suggesting downward pressure on the EURUSD pair.
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