HELLO TRADERS
Before we take a look at EURUSD lets first look at dollar index DXY
DXY has been very bullish, managed to break a resistance and now
retesting it
we expect continuation of DXY higher which will be a bearish indication for EURUSD
now back to EURUSD
EURUSD managed to break the support at 1.0000
went lower and retesting the resistance now we expect a continuation lower
BREAK ABOVE 1.01 WILL INVALIDATE THIS IDEA
GOODLUCK
Before we take a look at EURUSD lets first look at dollar index DXY
DXY has been very bullish, managed to break a resistance and now
retesting it
we expect continuation of DXY higher which will be a bearish indication for EURUSD
now back to EURUSD
EURUSD managed to break the support at 1.0000
went lower and retesting the resistance now we expect a continuation lower
BREAK ABOVE 1.01 WILL INVALIDATE THIS IDEA
GOODLUCK
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Related publications
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.