Euro / U.S. DollarShort
EURUSD IMPENDING SHORT
Jan 5 2017:
Two things may happen:
1) Consolidation for a session or two (4 - 8 candles)
2) Bounce off resistance for immediate drop
I do not expect much major upward pressure due to strength of USD. Wait for indecision candle, then trend confirmation candle to take position.
Two things may happen:
1) Consolidation for a session or two (4 - 8 candles)
2) Bounce off resistance for immediate drop
I do not expect much major upward pressure due to strength of USD. Wait for indecision candle, then trend confirmation candle to take position.
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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.