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EURUSD Signal 18th October 2022

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Signal Details
Entry Price: 
0.98976
Take Profit: 
0.95916
Stop Loss: 
0.99983
Direction: 
Sell
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EURUSD is approaching a well established trendline, resistance off a previous low and the 50MA. We anticipate a bounce off of these factors back towards the downside to at least the previous lowest low in the region of 0.95916 if not further.

Submitted by Toni H. on Mon, 17 Oct 2022 22:41:46 GMT

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.

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