12.04.202112:01 विदेशी मुद्रा विश्लेषण और समीक्षा: EURUSD reacting below descending trendline resistance. Drop incoming!

Exchange Rates 12.04.2021 analysis

EURUSD reacting below descending trendline resistance. A further drop below key 61.8% Fibonacci retracement and 1st resistance at 1.18988 towards recent swing low and 1st support at 1.18674 could be possible. Stochastic indicator reacting below resistance as well.

Trading Recommendation

Entry: 1.18988

Reason for Entry:

61.8% Fibonacci retracement, descending trendline resistance

Take Profit: 1.18674

Reason for Take Profit:

Graphical swing low

Stop Loss: 1.19106

Reason for Stop Loss:

Graphical swing high

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

Dean Leo स विश्लेषणात्मक विशेषज्ञ द्वारा प्रदर्शन किया
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