EUR USD flat canal 1.1880 – 1.1690

Hi there,

Well, EUR USD bears and bulls still playing ping-pong in flat canal 1.1880 – 1.1690.

If we see failure at price level 1.1880 than we should see the market retest price level at 1.1320.
Monthly close price will help us with further estimations and eurusd trading.

Good luck 😉

EURUSD analysis: below 1.1732 bears & bulls first target 1.1904

Update 27.10.2017

Yesterday bears pushed down the price and the daily close was 1.1649. Now we pay attention for the monthly price close and after that we will choose the price direction for EURUSD.

Hi there,

ForexTeam traders expect bulls pressure for the currency pair EUR USD with first Take-profit target on 1.1904 – 1.1910. This bulls pressure will be alive till the daily close price below price level 1.1732.

We kindly invite bulls in EURUSD till our first Take profit target! Welcome)

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EURUSD analysis: Bears are still working in background

Hi there,

EUR USD bears are preparing the trap for bulls, if the daily close price does not reach price level at 1.1904, than ForexTeam traders see the opportunity to sell EUR USD with a target of 1.1646-1.1603.

We’ve already opened EURUSD Sell limit at 1.1887

Good luck,
ForexTeam