EURUSD sell trade

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EURUSD
More or less the same type of falling has happening in EURUSD as GOLD

*The more and more cases were tested positive in corona virus infection

*And the market forecasting/expecting a rate cut from ECB,this will further weaken the Euro against all the pairs.

*Now its currently trading at 1.11000 level which is 61.8% Fibonacci level

*As the downtrend chart patterns shows as further falling of this pair is inevitable

*We can open short positions at 1.11420 level which is 50% Fibonacci level

*And the potential take profit will be 1.09325 which is 78.6% Fibonacci level

*Stop lose may placed above 1.12300 level

*Please leave your valuable comments below

EUR/USD pivotal points
S3 1.1026
S2 1.1064
S1 1.1084
P 1.1101
R1 1.1122
R2 1.1138
R3 1.1176
交易進行
Sell limit got triggered now
Chart PatternsEURUSDeurusdforecasteurusdideaeurusdoutlookeurusdpredictioneurusdselleurusdshorteurusdsignaleurusdtradeTrend Analysis

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