Summary:
Overall down trend. Price is in a channel, bouncing between support & resistance. US dollar should rise further from the FED raising rates.
Daily Chart Notes: Downtrend, look for reject from MA 50, and bearish candle closes.
4HR Chart Notes: look for rejection near resistance, like prior. watch for bearish candlesticks
1HR Chart Notes: look for bearish candles for confirmation of entry.
EURUSD
Overall down trend. Price is in a channel, bouncing between support & resistance. US dollar should rise further from the FED raising rates.
Daily Chart Notes: Downtrend, look for reject from MA 50, and bearish candle closes.
4HR Chart Notes: look for rejection near resistance, like prior. watch for bearish candlesticks
1HR Chart Notes: look for bearish candles for confirmation of entry.
EURUSD
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.
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.