LONG OPPORTUNITY ON EUR/USD
the EUR/USD can see a rally for some time
REASONS
1. we are at a very crucial weekly support.
2. we made a double bottom on such crucial support.
3. on 1h time frame we broke a trend that had been tested quite a few times.
4. the dollar index is at its all-time high and made a double top.
so, as the USD depreciates we will see a rally in EUR/USD.
NOTE: IF THE US STOCKMARKET CLOSES IN GREEN OR MAKE SIGNS OF RECOVERY WE MIGHT SEE A HUGE RALLY IN THIS FOREX SO KEEP A TRACK OF US MARKET AS WELL
REASONS
1. we are at a very crucial weekly support.
2. we made a double bottom on such crucial support.
3. on 1h time frame we broke a trend that had been tested quite a few times.
4. the dollar index is at its all-time high and made a double top.
so, as the USD depreciates we will see a rally in EUR/USD.
NOTE: IF THE US STOCKMARKET CLOSES IN GREEN OR MAKE SIGNS OF RECOVERY WE MIGHT SEE A HUGE RALLY IN THIS FOREX SO KEEP A TRACK OF US MARKET AS WELL
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.
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.