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EURUSD is under selling pressure

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EURUSD

As the corona virus cases surging in European region the stocks and indices are falling down and the investors are selling off their portfolios

*Recently the Euro got more weakness due to this And ECB is trying to provide additional stimulus package to cop up with the outbreak

*EURUSD is trading in a downtrend channel After reaching the 1.09781 level which is also a 61.8% Fibonacci its started falling towards 1.09100 which is 78.6% Fibonacci

*Currently this 78.6% Fibonacci is acting as barrier for the bull

*We can open short positions at this level

*Potential take profit will be 1.07540

*Stop lose may placed above the 1.09800 level

*Leave your valuable comments below

EURUSD - PIVOTAL POINTS
PP 1.092
R3 1.1282
R2 1.1164
R1 1.1038
S1 1.0795
S2 1.0677
S3 1.0552

交易進行

EURUSD
Is now running with +40 pips..and move your SL in to our entry point to protect our capital

交易結束：目標達成