EUR/USD short: End of the rebound higher
Hello traders
My TP at 1.0370 was executed on my long EUR/USD position.
I have initiated a short EUR/USD position after Chair Powell's testimony this morning.
He expressed confidence in the economy staying robust and that there is no rush to cut interest rates.
The chart is my guiding light on a daily basis to determine which direction risk is heading.
EUR/USD is heading down again after testing the daily breakdown at 1.0382. USD CPI tomorrow MAY reverse the tide again, so keep a close eye on all these asset classes.
tradingview.com/chart/cIl9EJv4/
Best of luck all.
My TP at 1.0370 was executed on my long EUR/USD position.
I have initiated a short EUR/USD position after Chair Powell's testimony this morning.
He expressed confidence in the economy staying robust and that there is no rush to cut interest rates.
The chart is my guiding light on a daily basis to determine which direction risk is heading.
EUR/USD is heading down again after testing the daily breakdown at 1.0382. USD CPI tomorrow MAY reverse the tide again, so keep a close eye on all these asset classes.
tradingview.com/chart/cIl9EJv4/
Best of luck all.
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.