Here we can see that the Dollar is getting stronger.
I will keep an eye on it for setups in the future.
I will keep an eye on it for setups in the future.
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by checking the daily, we can see we are still in a down trend with some space to the trendline.possible scenario's:
- retest the resistance/support line and going up to the daily trendline
- bounce of/ break it
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buy watching the H1 we can see it moved back to the support/resistance line.if it bounce up of it - that mean EUR/USD could go more to the downside
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we are at the daily trendline.looks like it will bounce of it but it's to early to make a decision.
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right now the dxy is breaking the trendline.let's see if he have candle close above too
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.