Euro / U.S. DollarShort
EURUSD Intra/swing update 29/01/2025
EURUSD is shaping up as expected, filling out the head and shoulders pattern.
A 4H body close below 1.04000 would provide a strong sell confirmation, with 1.02700 as the target.
However, with FOMC ahead, we could see another rejection and retest of 1.05000 before continuing the overall bearish swing move.
Watching price action closely for the best entry.
A 4H body close below 1.04000 would provide a strong sell confirmation, with 1.02700 as the target.
However, with FOMC ahead, we could see another rejection and retest of 1.05000 before continuing the overall bearish swing move.
Watching price action closely for the best entry.
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.
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.