Short Breakout for EURUSD
Flat bottom triangle price patter formed.
White lines= Resistance and Blue lines= Support according to Dailyfx.com/Technical-analysis
I believe this pair should have a breakout to the bearish side and will have a nice continuation of the downtrend over the next 10 days.
Also after the FED rate hike you can double dip with a positive carry by being long on USD
Central Banks Current Interest Rate
European Central Bank 0 %
Federal Reserve 0.5 %
fxstreet.com/economic-calendar/world-interest-rates
White lines= Resistance and Blue lines= Support according to Dailyfx.com/Technical-analysis
I believe this pair should have a breakout to the bearish side and will have a nice continuation of the downtrend over the next 10 days.
Also after the FED rate hike you can double dip with a positive carry by being long on USD
Central Banks Current Interest Rate
European Central Bank 0 %
Federal Reserve 0.5 %
fxstreet.com/economic-calendar/world-interest-rates
Note
Short entered at 1.0572
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.