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Forex Signal For EUR/USD: Looking to Hold Position on a Big Bearish Breakout

Forex Signal For EUR/USD: Looking to Hold Position on a Big Bearish Breakout Forex Signal For EUR/USD: Looking to Hold Position on a Big

Forex Signal For EUR/USD: Looking to Hold Position on a Big Bearish Breakout
Yazar: Ross Sutton

Yayınlanma: 17 Mayıs 2022 15:45

Güncellenme: 17 Nisan 2024 11:07

Forex Signal For EUR/USD: Looking to Hold Position on a Big Bearish Breakout

    Forex Signal For EUR/USD: Looking to Hold Position on a Big Bearish Breakout A break below the support at 1,0388 will signal that bears have prevailed.  

Bear Market View

 
  • Stop selling at 1,0390 and set a profit at 1,0300.
  • Add stop loss at 1,0500.
  • Timeline: 1-2 days.
 

Forex Signal For EUR/USD: Looking to Hold Position on a Big Bearish Breakout

 

Bull Market Look

 
  • Set a buy stop at 1,0471 and get a profit at 1,0550.
  • Add a stop loss at 1,0380.
  The EUR/USD parity is sliding slightly, amid continued concerns about the future of the European economy. The parity is trading at 1,0420, a few miles above its lowest level since 2002. There's talk in the coming weeks that the pair will fall to the parity level.   eurusd-crispus-17052022  

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