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Euro / U.S. Dollar
Short
Updated

EURUSD and the Big Bear Flag

408
Entry: 1.17232
Stop: 1.8386
Target: 1.07743

DXY correlation in play once the weekly 200MA is broken

snapshot

Bonus Target: 1.06773 due to a possible gap fill that was left by the French Elections

snapshot
Note
snapshot Nice break of the 1.15 psychological support

Making me more confident about this trade
Note
DXY weekly 200MA breakout confirming the action snapshot
Trade closed manually
The PA after the break on both EU and DXY doesnt look good for USD bulls
Note
snapshot Hard to tell if DXY made a top or just a retest
Trade active
Trade active
EURUSD and the Big Bear Flag 2nd Try
SimpleMillennialAverage
Chart PatternsdeflationdollardraghieuroEURUSDeuursdTechnical IndicatorsinterestratesratesTrend AnalysisUSD

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.
Chart PatternsdeflationdollardraghieuroEURUSDeuursdTechnical IndicatorsinterestratesratesTrend AnalysisUSD
SimpleMillennialAverage

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.