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EURUSD Technical Analysis And Key Levels 04-04-2018

EURUSD Technical Analysis And Key Levels 04-04-2018

We have running short positions.

https://www.tradingview.com/chart/EURUSD/9iEbyg1r-EURUSD-Simply-Short/

On the daily chart, EURUSD is trading below EMA 50.

Eurozone CPI data, U.S PMIs will be released today.

Midterm trend is bearish.

Key Levels of Today:

On the downside: 1.22680 1.22370 1.22070

On the upside: 1.22980 1.23290

Bearish pressure will remain as long as the pair trades below 1.23600. Pullbacks can be used as selling opportunities.

Important EURUSD patterns will be published for premium members.

DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money

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EURUSD :  Involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility

 

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