Short EUR/USD with target 1.13023

6 de fev. de 2019

EUR/USD Forecast: EUR/USD pair has been trading in range from couple of week, pair failed to break trendline resistance at 1.14966 and made false break. EUR has been under pressure and now approaching toward strong support at 1.13023. Today pair has broken the 50MA/EMA downside indicating weakness in EUR. Traders can take short entry at 1.13963 with target 1.13023 keeping stop loss at 1.14182 closing basis.