Trading Signal - 07 / 04 / 2023 - 10:00 (GMT +3)

Instrument: EURUSD
by: Chief Technical Strategist Avramis Despotis

Previous Close 1.0914

Change -0.08 %

Current 1.0914

52 Week High 1.0927

52 Week Low 0.9552

30 Days ATR 0.0080

40 Weeks ATR 0.0142

Trend & Support & Position & Trade Entry, Take Profit &
Time Comments
Condition Resistances Probability Stop Loss Levels

Position Entry SL
1.0885 1.0940
60min
Conflicting technical signals are indicating towards WAITING - -
CHART
1.0860 1.0970 an unstable market, cautioning us to remain neutral
·
Next 3 Days
Neutral and wait for a stronger trend to develop. Trade P. TP1 TP2
· 1.0820 1.1010
Neutral
- - -

Position Entry SL

240min 1.0860 1.0970

The market is testing support at 1.0860. We are
CHART BUY - -
waiting to see reversal signals in order to reinstate
· 1.0800 1.1030
Upwards LONG positions. Next important support the 1.0800
Next 3 Trade P. TP1 TP2
Strong level.
Weeks 1.0710 1.1120
·
Neutral - - -

Position Entry SL

Daily 1.0750 1.1035

CHART BUY - -
Waiting for a retracement lower towards the 1.0750
· 1.0520 1.1120
Next 3 Upwards support level, in order to reinstate LONG positions.
Trade P. TP1 TP2
Strong
Months 1.0300 1.1250
·
Neutral - - -
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