Potential leg up in this pair.
DXY is facing a very strong resistance, I expect usdjpy to fall, as well as eurusd and eurgbp to go up.
I woudn't attempt to long eurusd or euraud or eurcad now though, it's safer to trade it against the pound.
Time and price target reached suggests potential reversal or pullback.
Good luck!
Ivan.
DXY is facing a very strong resistance, I expect usdjpy to fall, as well as eurusd and eurgbp to go up.
I woudn't attempt to long eurusd or euraud or eurcad now though, it's safer to trade it against the pound.
Time and price target reached suggests potential reversal or pullback.
Good luck!
Ivan.
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Disclaimer
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.