Briefly about currency pair EURUSD: on H1 we have possible H&S formation.
Sell eurusd 1.2459
Stop loss = 1.2481
Take profit 1 = 1.23-1.2320
here is how we see eur usd price behavior for Mid-term period.
Now we can see active pullback from local high (3) till next support level (4) 1.1910-1.1850. From this level 1.1850 we expect move up to first target at 1.2168 and than to 1.2414.
Short term eurusd – SELL
Forex Team traders think that during next 2 weeks EURUSD will accelerate downward movement, especially if daily close price will be under 1.1775 – 1.1747
hope you are doing well) Here is EURUSD daily review for today (29.11.2017).
We think there is still a room for retracement in 1.1800 region for EURUSD.
Daily resistance = 1.1865-1.1875
TP1 = 1.1828
TP2 = 1.1808
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 😉