EURUSD very similar to the DXY as it's cross-referenced, now as I want to see the DXY push up first before going down, here on the EURUSD I want to see another move to the downside into the supportive regions before taking a long trade here, it can be a nice swing movement up on the hill. From last week's conditions, you can clearly see how one day engulfed the whole week of the choppy movement, this is giving us a sign for the long trades if we will see another rejection of the bottom region.
_______________________________________________________________________ Feel free to visit our page for more info:
Disclaimer the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions.