With the DXY seemingly exhausted, there is a likelihood that the Dolla may sink for a little while. Therefore, a perfect opportunity to go long on EU. Buy the consolidation breakout. Also, the current pattern is an inverse head and shoulder giving more confluence to the setup.
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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.