Even with China's news regarding US Treasuries, it wasn't able to at least perforate the double strong double bottom on the 1D timeframe. Dollar is in fact going to retest again 50-level resistance.
HOURLY CHART: In EU's case, It's retesting again the stalling that had happened before the EURO's rise (After the dollar's sudden decline)
DAILY CHART: EU is still on the road to retesting too the 50% retracement of the identified swing from Decemeber-January. My view on this would be bearish until it hit that price level.
HOURLY CHART: In EU's case, It's retesting again the stalling that had happened before the EURO's rise (After the dollar's sudden decline)
DAILY CHART: EU is still on the road to retesting too the 50% retracement of the identified swing from Decemeber-January. My view on this would be bearish until it hit that price level.
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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.