While this is a good technical signal for EURUSD to go south after the prolong USD soften.
Trend is break out on the upper side, while the MACD and VOL give you double confirmation on the divergence.
Foundamentally i would expect USD to recover some loss, hence the policy difference will enhance the down trend.
stay alert!
Trend is break out on the upper side, while the MACD and VOL give you double confirmation on the divergence.
Foundamentally i would expect USD to recover some loss, hence the policy difference will enhance the down trend.
stay alert!
Trade closed: target reached
perfect target!!
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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.