EURUSD on the brink of an abyss
Updated
Not legal and financial advice;
Any information provided here is only the personal opinion of the author.
Any information provided here is only the personal opinion of the author.
Comment
Resistance 1.1931 and 1.1950 looks like a lot of people dreaming to sell there.Support 1.1890 and this is main one, if we close 1 hour lower we can expect another 100 pips south.
Comment
Comment
current price 1.1906 and we see quick rejection from 1.1885, so first attempt failed, but common currency with the weak hand atm... looking at 1.1790 as more significant support.Comment
Comment
and this magnet 1.17 correlated around within eurusd as you may remember.Comment
Sentiments driving the markets, now sentiments that ECB on different rails with FED. While ecb is printing like mad still, fed starts to taper.That is seems the main idea in the heads of the heads.
Comment
So, in conclusion, no need to stay in the way of a flying train.
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.