EUR/USD -Macro Resistance
Updated
EEUR/USD is about to come in to contact with a Macro Resistance Trendline @ 1.13151$
One must beware and very careful when it comes in to looking for Buying Opportunities when breaking down the technical analysis on smaller time frames.
With
DXY reclaiming last week the broken Big Range of 100-105 zone, it appears so that with uptrend continuation of DXY , Euro tends to bleed.
(tradingview.com/chart/DXY/x2nDwBCt-DXY-Middle-Range-Warzone-105vs100/)
Not to mention above else, that Fundamentally, Euro-Zone is not looking as promising to support
EUR currency againstDXY
TRADE SAFE
*** Note that this is not Financial Advice !
Please do your own research and consult your own Financial Advisor
before partaking on any trading activity based solely on this Idea
One must beware and very careful when it comes in to looking for Buying Opportunities when breaking down the technical analysis on smaller time frames.
With
DXY reclaiming last week the broken Big Range of 100-105 zone, it appears so that with uptrend continuation of DXY , Euro tends to bleed.(tradingview.com/chart/DXY/x2nDwBCt-DXY-Middle-Range-Warzone-105vs100/)
Not to mention above else, that Fundamentally, Euro-Zone is not looking as promising to support
EUR currency against
DXYTRADE SAFE
*** Note that this is not Financial Advice !
Please do your own research and consult your own Financial Advisor
before partaking on any trading activity based solely on this Idea
Note
EEUR/USDCandlestick version
*3D (short term positive momentum) ?
1.13151 price coinciding on two different chart perspectives
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