From a technical point of view, the US dollar index was blocked below 106.75 last Friday, and supported above 106.25, which means that the US dollar may maintain a downward trend after a short-term rise. If the US dollar index is blocked below 106.80 today, the target of the decline in the future market will be between 106.35 and 106.10.
EUR/USD was supported above 1.0445 when it fell last Friday, and was blocked below 1.0505 when it rose, which means that it is possible to maintain an upward trend after falling. Corresponding to EUR/USD, we need to pay attention to the support of the 1.0460-80 range, and continue to look up after the price is in place, and pay attention to the 1.0530-1.0580 area above.
The operation is as follows:
EUR/USD:Buy@1.0460-10480
TP1:1.0530
TP2:1.0580
EUR/USD was supported above 1.0445 when it fell last Friday, and was blocked below 1.0505 when it rose, which means that it is possible to maintain an upward trend after falling. Corresponding to EUR/USD, we need to pay attention to the support of the 1.0460-80 range, and continue to look up after the price is in place, and pay attention to the 1.0530-1.0580 area above.
The operation is as follows:
EUR/USD:Buy@1.0460-10480
TP1:1.0530
TP2:1.0580
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Join the channel and get my trading ideas first-hand every day. Accurate signals will help you make stable profits!
👊Join the free Telegram group:
t.me/Reliable_Trading0
🏆Contact me to copy trading:
t.me/Reliable_Trading1
👊Join the free Telegram group:
t.me/Reliable_Trading0
🏆Contact me to copy trading:
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Related publications
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.