EN-EURUSD-20230712-M
EN-EURUSD-20230712-M
EN-EURUSD-20230712-M
Instrument: EURUSD
by: Chief Technical Strategist Avramis Despotis
Change 0.02 %
Current 1.1032
Trend & Support & Position & Trade Entry, Take Profit &
Time Comments
Condition Resistances Probability Stop Loss Levels
Position Entry SL
1.0975 1.1050
60min
Waiting for a retracement lower towards the BUY - -
CHART
1.0940 1.1100 1.0975 support level, in order to reinstate LONG
· Upwards
positions. Trade P. TP1 TP2
Next 3 Days Strong
· 1.0900 1.1140
Overbought 1 - - -
Position Entry SL
240min 1.0960 1.1090 The TP2 was almost reached and the market is at
CHART risk of correcting lower. We moved the stop loss at LONG 1.0940 1.0975
· 1.0900 1.1100 the new Lock in Profits level (1.0975). Provided the
Upwards
Next 3 market conditions will remain the same the TP2 Trade P. TP1 TP2
Strong
Weeks
·
1.0830 1.1140 will be reached soon.
Neutral Medium 1.0990 1.1090
Position Entry SL