Get started
Euro / U.S. Dollar
Updated

Euro Range : This will be resolved soon

89
EURUSD has been trading in relatively tight range - this range will be resolved as dollar direction after this crisis becomes clear. Expect 1.05-1.15 to be neutral with a break sub 1.05 indicating parity if not break sub 1. Trigger will be the situation in Italy and the support (or lack thereof) by the EU.
Note
Still in that tight painful range - a large move is imminent
Note
1.13 is critical
Note
Post the EU recovery fund agreement I expect to see difficulty breaking 1.15 (buy rumour sell the news)
entropycapital
Also on:
Beyond Technical AnalysisCoronavirus (COVID-19)crisisdollareuroITALYTrend Lines

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.
Beyond Technical AnalysisCoronavirus (COVID-19)crisisdollareuroITALYTrend Lines
entropycapital
Also on:

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.