This is my short-term outlook for the EURUSD pair. With the DXY rallying, there are opportunities to short currency pairs against the USD
The green bar is shown to be the zone of high price support and should be used to cover and take profits on a short position from 1.05s to 1.04s. RSI will also observe oversold conditions in this zone.
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.