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rishililawat5

EUR/USD trading in descending trading pattern.

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Euro / Dólar Americano (FX:EURUSD)  
rishililawat5  
FX:EURUSD   Euro / Dólar Americano
Trend Analysis Support and Resistance Supply and Demand EURUSD eurusdidea eurusdanalysis eurusdshort eurusdshortsetup
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trendanalysis supportandresistance supplyanddemand eurusd eurusdidea eurusdanalysis eurusdshort eurusdshortsetup
Hello traders, EUR/USD is trading at 1.2164. The price is trading in a descending triangle pattern and moving towards strong support level at 1.2151. If the price breaks the support level at 1.2151, it can continue its down trend and its target prices are as follows. 1st Target price at 1.2106 and 2nd target price at 1.2067.

Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.

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Thank you,

Rishikesh Lilawat
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