EURUSD Lower
I think EURUSD moves lower from here.
We've broken out of a somewhat wedge formation which should signal a move to the downside.
most correlations are moving lower, us yields are rising and the S&P is moving lower. I believe we continue to move lower on the S&P which should push EURUSD lower as well. I believe we will move back to the narrative of global tightening conditions and USD should strengthen again.
Not trading/investment advise, feedback welcome!
We've broken out of a somewhat wedge formation which should signal a move to the downside.
most correlations are moving lower, us yields are rising and the S&P is moving lower. I believe we continue to move lower on the S&P which should push EURUSD lower as well. I believe we will move back to the narrative of global tightening conditions and USD should strengthen again.
Not trading/investment advise, feedback welcome!
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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.