Euro / U.S. Dollar
Short
Updated

Uptrend weakens, remains below trend line

121
🔔🔔🔔EUR/USD news:

➡️ EUR/USD advanced to a new high, reclaiming the 1.1580 level during Monday’s European session as the US Dollar weakened once again. Despite the renewed USD sell-off, traders remained cautious due to the escalating tensions between Israel and Iran, with the primary focus still on the upcoming Fed policy decision on Wednesday.

Personal opinion:
➡️ EUR/USD is expected to remain within the trend range. Currently, the pair is approaching the overbought zone and showing signs of weakening buying momentum, suggesting the possibility of a short-term correction.

➡️ Analysis based on support resistance levels and trend lines combined with RSI to come up with a suitable strategy

Personal plan:
🔆Price Zone Setup:

👉Sell EUR/USD 1.1580 - 1.1590
❌SL: 1.1620| ✅TP: 1.1535

FM wishes you a successful trading day 💰💰💰
Trade active
personal plan
Hit + 50 pips from sell 1.1590
setup successful
Trade closed: target reached
personal plan:

Complete initial plan
Hit max profit + 115 pips from sell 1.1590

setup successful

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