Forexmospherians
EURUSD 30 Jun 2020 - Fiber and usd month end demand?On 1h tf we are clearly in downtrend chnl with support at 1.1204, but DXY already broke some resistance and this cud be weak support within fiber already.
Key theme as usually a little bit lower at 1.1174-1.1148 cluster.
Pls apply your own trading and mm rules in any case. Cheers!
EURUSD 24Jun2020 Everyone so optimistic on fiber.
Frankly I do not know why.
Until 1.1261 holds it will be buyout seems, so this is game changer level.
Once broken the last spot is 1.1210-15 as wedge support, then again 1.1147 a level that was very interesting, but someone try to avoid market to touch it.
If it was done artificially we will touch it anyway again?
Pls apply your own trading and mm rules in any case. Cheers!
EURUSD - While you think about wedge it or notNew wave of COVID19 panic can start weight on markets, we can not throw away and ignore possibility of new demand for USD.
In that case we will face another sharp drop in eurusd price and rise of DXY.
Pls apply your own trading and mm rules in any case.
Cheers!