Euro / U.S. Dollar

EURUSD Daily Analysis

33
W - Neutral, price is at the neck line and loosing momentum
D - Neutral, price is in a descending wedge at the neckline

DXY - Neutral, price is in an ascending wedge while at the last major resistance.

Swing entries -
no entries until the wedge is broken, when price closes above or below on the 4 hour I will start watching to see how it moves, I don't expect to trade on EURUSD for a few days

Scalping entries -
no entries until the break of the wedge pattern

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.