EurUsd price is actually in a technical perspective is supposed to go up but if you look at the Dollar index which is opposite to Eurusd and which has a negatively correlated ( the dollar has made a higher higher and is currently correcting so im expecting the dollar to go up )
and if it does it will pull eurusd down hence im saying EurUsd is a short trade
and if it does it will pull eurusd down hence im saying EurUsd is a short trade
Note
trade worked out closed with profitDisclaimer
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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.