EURUSD continues to struggle after its breakdown from the 1.1600 region. The pair has not shown a convincing recovery, and recent price action suggests sellers are still controlling the market.
The macro backdrop remains supportive for the US Dollar. Stronger US service-sector data and the Fed’s cautious stance on rate cuts have helped maintain demand for USD, while weaker Eurozone activity data continues to weigh on the euro.
Trade Setup:
Sell Zone: 1.1450 – 1.1490
Stop Loss: 1.1535
Take Profit 1: 1.1400
Take Profit 2: 1.1350
Take Profit 3: 1.1300
As long as EURUSD remains below 1.1490, rallies may continue to be viewed as opportunities to sell rather than signs of a lasting recovery.
The macro backdrop remains supportive for the US Dollar. Stronger US service-sector data and the Fed’s cautious stance on rate cuts have helped maintain demand for USD, while weaker Eurozone activity data continues to weigh on the euro.
Trade Setup:
Sell Zone: 1.1450 – 1.1490
Stop Loss: 1.1535
Take Profit 1: 1.1400
Take Profit 2: 1.1350
Take Profit 3: 1.1300
As long as EURUSD remains below 1.1490, rallies may continue to be viewed as opportunities to sell rather than signs of a lasting recovery.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.