Fundamentals:
Risk aversion in view of a global economic slowdown may cause a USD selloff and safe-haven currency buying.
Technicals:
D1 downtrend, retracement to Fibonacci 61.8%
I see a potential ascending wedge downside breakout
Risk aversion in view of a global economic slowdown may cause a USD selloff and safe-haven currency buying.
Technicals:
D1 downtrend, retracement to Fibonacci 61.8%
I see a potential ascending wedge downside breakout
Trade closed: target reached
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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.