- EU has created a double top on the 4-hour timeframe. - EU has reached monthly resistance but needs a deep pullback before it can break it. - The DXY has created a double bottom showing signs of strength.
I predict EU will be bearish for the next few weeks, my bias is sells.
Let me know if you agree or disagree with my analysis in the comments.
Note
Please be aware that this is a swing trade opportunity, you might have to hold this trade for 1 or 2 days.
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