Excellent Long-Term Hunting Opportunity in EURUSD, Don't miss it

FX:EURUSD   歐元 / 美元
Trading suggestion:
Price is in the resistance zone (1.2020 to 1.2090), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

.Beginning of entry zone (1.2020)
.Ending of entry zone (1.2090)

Closed Profit:
TP1= @1.19600

Take Profit:
TP2= @1.1875
TP3= @1.1710
TP4= @1.1615
TP5= @1.1495
TP6= @1.1320
TP7= @1.1140
TP8= @1.0850
TP9= @1.0715
TP10= @1.0520
TP11= @1.0335
TP12= @Free

Technical analysis:
.A peak is formed in daily chart at 1.2080 on Tue, 01/02/2018, so more losses to support(s) 1.2020, 1.1960, 1.1875 and to more depths is expected.
.Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index ( RSI ) is 64.
.Current short-term is range bound, but resumption of downtrend is expected.

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It’s valid ?
ForecastCity KhaledKarama
@KhaledKarama, No, the level 1.2090 is broken, we need technical confirmations in coming days.
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