Euro / U.S. DollarShort
EUR/USD Weekly Forecast (3th August - 7th August)
Updated
On the EUR/USD pair, we run a long-term short trade again. Engulfing pattern on a daily chart, RSI divergence on a 4-hour chart, the nearest key level is far enough for a great Risk-Reward ratio. This idea is similar to the USD/CHF pair. If you want to trade the dollar strengthening on both charts, beware of cumulative risk!
Trade closed: stop reached
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.