Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
EURUSD Short
Euro / U.S. Dollar
Short
EURUSD Short
By SIT_FX
Follow
Follow
Updated
Oct 18, 2023
3
Cheer
Cheer
Oct 18, 2023
CPI coming as expected, showing a slowdown in eurozone.
I still favor a strong US economy as data suggeested this and last week, so expecting a depreciation on majors against the greenback.
As always, 0.25% 1st setup (1:2 with 50 pips TP1 for parcials), 0.5% second setup (1:3 with 100 pips TP1 for parcials).
Updates to come.
Oct 18, 2023
Comment
DXY needs to hold 106.00 in order for dollar bulls to remain in control and push this currency pair lower.
Fundamental Analysis
Trend Analysis
SIT_FX
Follow
Follow
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
.