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Euro / U.S. Dollar
Short

EURUSD and the Big Bear Flag

By SimpleMillennialAverage
Updated
Entry: 1.17232
Stop: 1.8386
Target: 1.07743

DXY correlation in play once the weekly 200MA is broken

snapshot

Bonus Target: 1.06773 due to a possible gap fill that was left by the French Elections

snapshot
Comment
snapshot Nice break of the 1.15 psychological support

Making me more confident about this trade
Comment
DXY weekly 200MA breakout confirming the action snapshot
Trade closed manually
The PA after the break on both EU and DXY doesnt look good for USD bulls
Comment
snapshot Hard to tell if DXY made a top or just a retest
Trade active
Trade active
EURUSD and the Big Bear Flag 2nd Try
Chart PatternsdeflationdollardraghieuroEURUSDeuursdTechnical IndicatorsinterestratesratesTrend AnalysisUSD

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