Hello Traders,
The price action on EURUSD chart is about to reverse for upside :
Fondamental news are showing that the growth of the US economy is slowing, the Fed is cutting the intreste rate and the political uncertainity about the Presidant Administration.
Technical analysis are in line with the fondamental news, price action is at their low since 2017, breaking below 0.618 fibonacci retracement.
Trade with care .
Best Regards
The price action on EURUSD chart is about to reverse for upside :
Fondamental news are showing that the growth of the US economy is slowing, the Fed is cutting the intreste rate and the political uncertainity about the Presidant Administration.
Technical analysis are in line with the fondamental news, price action is at their low since 2017, breaking below 0.618 fibonacci retracement.
Trade with care .
Best Regards
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EURUSD VS DXY Note
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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.