FX.co ★ EUR/USD

Hello traders. Currency pair EURUSD. Currently, I am considering a selling opportunity on this currency pair based on the behavior of sellers in the market. I plan to enter my sell positions in several stages at different levels, starting from the current level of 1.17767. In case of short upward pullbacks, I intend to execute sales after the completion of these pullbacks. It is crucial that these pullbacks do not cross the level of 1.18045, as a breakthrough of this level may indicate a loss of strength by sellers and create uncertainty regarding further sales. The profit-taking target will be the level of the nearest support at 1.17514. I plan to monitor the market dynamics and react promptly to any changes according to the described plan.