As we see the dollar gaining more buyers momentum EU also gaining more sellers momentum as we saw a bearish variation candle close on the weekly timeframe
-after the weekly close we might see a pullback before EU melts
-so we have shorterm buy positions but should keep in mind the general move
daily
-there is a 3rd touch of the ascending daily trendline that might push price alittle bit to the daily reaction zone and we see sellers kickin from there
-also a possible inverted head n shoulder pattern may play out
-after the weekly close we might see a pullback before EU melts
-so we have shorterm buy positions but should keep in mind the general move
daily
-there is a 3rd touch of the ascending daily trendline that might push price alittle bit to the daily reaction zone and we see sellers kickin from there
-also a possible inverted head n shoulder pattern may play out
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.