Eurusd short target? Long area?
Please like and feedback would be greatly appreciated. As you can see the EUR/USD is in a downtrend on the daily timeframe and it has found support at the bottom for a small pull back as you can see the yellow highlighted circle is the previous movement it did before dropping i believe it will do the same but might touch the resistance/trendline or follow the direction based on dxy. Currently I'm short from 1.03730 and targeting 0.98000 and will see how it reacts for a Longterm buy. Im very new at trading so please any feedback would be great thanks.
* No financial advice*
* No financial advice*
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.