EUR/USD: My pending sell at 1.1390 was triggered due

Tian Kriek

Analyst


March 25, 2019 08:17 AM

BEARISH

Daily Trading Range:
EUR/USD: My pending sell at 1.1390 was triggered due to the Dovish Fed and resulting weakenind USD. Currently the market is ABOVE a down inner trend line and I shall therefore not enter any additional trades as the market may move higher. In the event that the market moves below the pivot at 1.1400 then I shall consider adding to my existing sell. I am waiting for the 2 hour Fibs to retrace before selling again

Daily Chart

Daily Chart

Daily Support and Resistance

Resistance 3: 1.2650
Resistance 2: 1.2090
Resistance 1: 1.2150
Current Price 1.1318
Support 1: 1.1420
Support 2: 1.1350
Support 3: 1.1300

Two Hour Chart

Two Hour Chart