EUR USD vs DXY - short
Hello Traders and analysts,
We are currently in sells -
Here is our take on EUR USD - weekly chart
We added the DXY for reference in Blue
The eyes - are sell targets
The eyes - are potential buy zones.
it depends on your outlook.
The US - will be pivotal for investors during the election process.
EU - concerned about over valued currency in 2020 as they look to unwind the Brexit divorce.
Looking at the key markings, the blue level shows us a strong monthly top - where price will look to either retest or fall back to 1.10 - a most likely scenario, with the probabilities in play.
DXY- if the euro attempts 1.19 area, the DXY will respond to 92.XX and then push up.
We tend to hold trades for a while and de-risk in terms of leverage - this is important. It is also crucial to ignore ideas which conflict against the trading plan set out.
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Thanks,
Team Lupa
We are currently in sells -
Here is our take on EUR USD - weekly chart
We added the DXY for reference in Blue
The eyes - are sell targets
The eyes - are potential buy zones.
it depends on your outlook.
The US - will be pivotal for investors during the election process.
EU - concerned about over valued currency in 2020 as they look to unwind the Brexit divorce.
Looking at the key markings, the blue level shows us a strong monthly top - where price will look to either retest or fall back to 1.10 - a most likely scenario, with the probabilities in play.
DXY- if the euro attempts 1.19 area, the DXY will respond to 92.XX and then push up.
We tend to hold trades for a while and de-risk in terms of leverage - this is important. It is also crucial to ignore ideas which conflict against the trading plan set out.
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Thanks,
Team Lupa
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