I will personally take this EUR/USD trade now as I have a higher risk-aversion. Looking at SPX500 I see lots of buyers stacking here and so a chance of a breakout soon. DXY is a t a key-resistance while EUR/USD is at a key-support-level. To me nice confluence and potential ROSK-ON in the market.
As this trade is risky because I hold it overnight I keep the risk low. Please don`t execute it if you can`t sleep well with more open positions in this news-driven market. and stay out.🙏
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.