TheTradersAvenue

EURUSD > Why I Like Short EUR Here?

Short
OANDA:EURUSD   Euro / Dollar Américain
Analysis of #EURUSD

I was looking for a chance to sell some EUR, actually, I want to buy Dollar since I have many shorts on indexes, gold, and silver.

I got long many positions to hedge my shorts and they worked amazing and all hit initial targets yesterday jut in time for indexes to fall down and show me some profits.

let's talk about why I like this setup.

the market clearly established a new downtrend and forming a downtrend, and since I am expecting a strong dollar short term, that why I like buying it against this setup if it came up



Check today analysis below⠀

_____________________________________________________________________________⠀
-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You

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.