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ctrade-77

232 yr TL penetrated. War, strong NFP expected

Short
Euro / Dollar Américain (FX:EURUSD)  
ctrade-77 Mis à jour   
FX:EURUSD   Euro / Dollar Américain
Trend Analysis Fundamental Analysis Beyond Technical Analysis
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trendanalysis fundamental beyondta
Techonomic Trading Strategies have been short the Euro/USD since Feb 8th, 2022. The only time the 22yr TL was penetrated was in 2020 at the start of the pandemic as pointed out by @StanleyFX trader. Our belief is that current conditions trump that period and expect further losses to the 1.0800 area.
Commentaire:
1.08000 area objective realized. market order was alert was triggered @ 1.0810 and we are now flat, Techonomic Trading Strategies view current price action as corrective.
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