04.06.202005:19 Forex Analyse & Reviews: EURUSD holding above trendline support and looks for further upside!

Long-term review

Exchange Rates 04.06.2020 analysis

Trading Recommendation

Entry: 1.11670

Reason for Entry: Ascending trendline support, 23.6% Fibonacci retracement, moving average

Take Profit : 1.13623

Reason for Take Profit: -27.2% Fibonacci retracement

Stop Loss: 1.11154

Reason for Stop loss: 38.2% Fibonacci retracement

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Uitgevoerd door Dean Leo,
Analytische expert
InstaForex Group © 2007-2021
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Show more
Kan u nu niet praten?
Stel uw vraag in de chat.