Euro is doing a pull back to sell!!!
Hello guys, in this analysis Euro is making a Pull Back in H4 timeframe, so, I could to see as this chart it's better to see in H4 timeframe and I re-entry again in the zone of $1.1790 USD this morning when I havened a confirmation of this candlestick, this is a rejection of the price action in H1 timeframe.
I remeber that in the past hours that I add a short position in the $1.1790 USD to pick up more pips down of the price.
So, the structure is so bearihs becuase United States is into a recovery nation.
The only fundamental that I have in my hand is that Euro is facing pressure from a Resurgent of the US Dollar
Also, I read in Investing.com that there are 2 important news about the United States and United Kingdom about it: inflation, unemployment that we see today in the United Kingdom and the others, so to take here I operate pars in New York and London session, it's my favorites session and some pars that I analyze
Remember the structure in Daily is so bearish for the divergence of the RSI and price action, my target is 0.382% of Fibonacci around of near of 200 pips.
I remeber that in the past hours that I add a short position in the $1.1790 USD to pick up more pips down of the price.
So, the structure is so bearihs becuase United States is into a recovery nation.
The only fundamental that I have in my hand is that Euro is facing pressure from a Resurgent of the US Dollar
Also, I read in Investing.com that there are 2 important news about the United States and United Kingdom about it: inflation, unemployment that we see today in the United Kingdom and the others, so to take here I operate pars in New York and London session, it's my favorites session and some pars that I analyze
Remember the structure in Daily is so bearish for the divergence of the RSI and price action, my target is 0.382% of Fibonacci around of near of 200 pips.