Technical Analysis

EURUSD Analysis Sell Opportunity at 1.1980

EURUSD Analysis

Hello Trader today is Sunday 18th of April 2021, Eurusd is trading at 1.1980 and reaches the top at the supply zone. where the price is expected to drop to 1.1920 to retest the previous level.
For good entry price need to make strong bearish on 4h which will give cover to sellers and price will likely to drop.

From the current price of eurusd stop loss recommend to use 20 to 30 pips which is secure and for good risk management. And for take profit 1.1920 level is good because price can retest at this level.