EUR/USD has Reached a Major Resistance Area/Zone and is highly over brought.
The Dollar (DXY) is inverted with the Eur/usd negatively. The dollar is highly oversold and should rise from its major Demand zone.
This should cause the Euro to Fall from its resistance zone.
Dollar has news at 8:30 for Unemployment claims. If the news is somehow good for the dollar and causes it to rise, the Euro will have the potential of reaching about 400 pips over the next few days.
I will be selling EUR/USD to the demand level shown.
The Dollar (DXY) is inverted with the Eur/usd negatively. The dollar is highly oversold and should rise from its major Demand zone.
This should cause the Euro to Fall from its resistance zone.
Dollar has news at 8:30 for Unemployment claims. If the news is somehow good for the dollar and causes it to rise, the Euro will have the potential of reaching about 400 pips over the next few days.
I will be selling EUR/USD to the demand level shown.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.