Forex Technical Analysis: Trend potential – place a pending sell limit order at 1.1435

EURUSD – Up

place a pending sell limit order at 1.1435

Technical Observation:

After breaking below the supportive trendline, Eur continued slightly to the lower side but is retracing to the same line. This trendline is a very good sell place and if you’re not already in a short position by now, its good to wait for a bounce from this trend line to pick a low risk short position with an ultimate take profit at 1.12. You could place a pending sell limit order around 1.1435 to pick this sell order with precision.

Trade Signal.

place a pending sell limit order at 1.1435

101% Double the volume

!Attention!
All bonus participates in drawdown!

FreshForex cancels commissions!

You may check other analytical reviews on FreshForex website. Source: freshforex.com.

Shares