EURUSD;RETEST AND CONTINUATION LOWER!
HELLO TRADERS
Before we talk about EURUSD lets first take a look at the dollar index DXY
DXY has been bullish recently, broke above resistance and currently correcting to retest it
where we expect a continuation higher on the retest, the bullishness of DXY
indicates bearish EURUSD
(DXY chart below)
Now back to EURUSD, EURUSD has been in bearish descending channel and were currently
going for a retest of the trendline where a drop is expected
if our rules of entry are satisfied the trade will be opened
GOOD LUCK
IF YOU FIND THIS IDEA VALUABLE SUPPORT IT WITH LIKES
Before we talk about EURUSD lets first take a look at the dollar index DXY
DXY has been bullish recently, broke above resistance and currently correcting to retest it
where we expect a continuation higher on the retest, the bullishness of DXY
indicates bearish EURUSD
(DXY chart below)
Now back to EURUSD, EURUSD has been in bearish descending channel and were currently
going for a retest of the trendline where a drop is expected
if our rules of entry are satisfied the trade will be opened
GOOD LUCK
IF YOU FIND THIS IDEA VALUABLE SUPPORT IT WITH LIKES
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