We have a rather bullish meeting minutes from the European Central Bank (ECB) last week, but as long as ECB maintains its easing policies, upside on the Euro may be limited.
Combining with the technical aspects on the chart, we are seeing an ending diagonal structure forming, with a divergence on RSI as well.
Adding on, we do see price hit the minimum expected areas based on fibonacci extension between 100% - 123.6% too.
These reasons provided me the conviction in looking for a longer term trade to the downside on this pair.
I will be following up and tracking this thread regularly throughout the year. Make sure you follow this idea to get notified whenever there is an update on this idea.
Have a great trading year ahead!
Combining with the technical aspects on the chart, we are seeing an ending diagonal structure forming, with a divergence on RSI as well.
Adding on, we do see price hit the minimum expected areas based on fibonacci extension between 100% - 123.6% too.
These reasons provided me the conviction in looking for a longer term trade to the downside on this pair.
I will be following up and tracking this thread regularly throughout the year. Make sure you follow this idea to get notified whenever there is an update on this idea.
Have a great trading year ahead!
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.