In the previous EURUSD chart (Daily View) I shown the potencial long-term short towards parity.
For now let's wait for the trend line breakout in the hourly view. Will place my position only after that. It might go to parity, but I expect an initial impulse until the red resistance area.
For now let's wait for the trend line breakout in the hourly view. Will place my position only after that. It might go to parity, but I expect an initial impulse until the red resistance area.
Note
It broke the trend line, and head south. There's a strong support level at 1,052.If it breaks the support level and retests, that's the main signal to short until 1,038.
Order cancelled
Trump Speech changed the trend...
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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.