Euro / U.S. DollarShort
[EURUSD] Take short position at around 1.13950
Reasons for short:
1. Price met strong resistance at upper downward trend line and also broke the upward trend line.
2. MACD shows market is in downside.
3. Tonight's data from the US is likely to be in favor of DXY
Thus, Short at around 1.13950. Take profit at around 1.13250
1. Price met strong resistance at upper downward trend line and also broke the upward trend line.
2. MACD shows market is in downside.
3. Tonight's data from the US is likely to be in favor of DXY
Thus, Short at around 1.13950. Take profit at around 1.13250
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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.