Commencez
UnknownUnicorn909211

I cannot see EUR/USD going much more without a big Pull Back

Short
Euro / Dollar Américain (FX:EURUSD)  
UnknownUnicorn909211  
FX:EURUSD   Euro / Dollar Américain
Trend Analysis EURUSD euro eurodollar dollar
2
0
trendanalysis eurusd euro eurodollar dollar
Looking at the weekly chart, EUR/USD is currently hitting some strong resistance. It is tapping previous support from 2010 & 2012. The last time it was above 1.22 was the end of 2014. It been in a downtrend on the weekly timeframe since hitting highs of 1.60 in 2008 and has been unable to get out of since, that was 10 years ago......... I do believe there could be a chance of hitting 1.25, but not for a while. The dollar is suffering at the moment, but as we all know, everything is temporary and nothing can go up, or down, forever. I see EUR/USD revisiting 1.15 before trying again. DXY is on some support on the Weekly TF which measures Dollar strength.
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.