Short term USD correction?
Updated
DX at a major level of support with confluence from Fib and trend line. We will watch this level for a correction to the upper trend line. Use the majors and minors and look for correlating levels to take advantage of what could be a short term correction.
We are currently short EUR/USD from 1.0820 a very aggressive entry using this correlating analysis (therefore reduced risk), we will look to add in on further confirmation with T1 around 1.07 on EUR/USD
We are currently short EUR/USD from 1.0820 a very aggressive entry using this correlating analysis (therefore reduced risk), we will look to add in on further confirmation with T1 around 1.07 on EUR/USD
Note
Eur hit target last friday, now we are out and waiting for price to get to our predfined levels of interest
Related publications
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.