Forexintelligence_NA

Do not miss this sell opportunity on EURUSD!

Short
FX:EURUSD   Euro / Dollar Américain
Last week we spotted a rising wedge pattern on EURUSD. This is a bearish reversal pattern and we were expecting EURUSD to show weaknesses, seeing that US dollar index is rebounding. I anticipate that EURUSD will gravitate towards the imbalance and a daily bearish candle at 1.00703 of 09 November 2022.

We will be monitoring price on Monday, London open to see if we can catch a short position. I believe that it will first reprice last week's gap of 1.056 before going lower.

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US Dollar Index

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