It is expected for price to reach 1.0470-50 Zone.
Confluecnes:
1-high volume
2-Price action (engulfing bearish candle)
3-Breaking the upward line.
4-Price is moving below EMA 200.
Confluecnes:
1-high volume
2-Price action (engulfing bearish candle)
3-Breaking the upward line.
4-Price is moving below EMA 200.
Note
Note
Note
Waiting for bearish candle to confirm the continous bearish bias.It is expected for EURUSD to reach lower levels at 1.0500
Trade active
Note
Note
Note
US Retail Sales rise by 0.7% in September, above the 0.3% of market consensus , so The US Dollar gathered strength against its rivals. The US Dollar Index (DXY) rebounded from 106.15 and climbed to 106.40, approaching daily highs , So we will focus on selling only for EURUSD and this is compatible with our analysis.Trade active
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.
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.