EUR/USD 2 week bear and bull cycles. Ready to short?
We've seen EURUSD ranging in the zones for the last month's time. Will this behaviour repeat? After yesterdays inflation data the dollar seems hawkish at this early stage.
I'm expecting a stronger dollar for the next 3-5 weeks.
Please post an opinion on my analysis since I've only started posting and making my own charts few days ago.
Price going above 1.15500 area will dismiss this idea!
Cheers!
I'm expecting a stronger dollar for the next 3-5 weeks.
Please post an opinion on my analysis since I've only started posting and making my own charts few days ago.
Price going above 1.15500 area will dismiss this idea!
Cheers!
Note
Hit the first target @ 1.13495!Note
Done 2nd target @ 1.13000
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