EURUSD
A market gap up from Friday April 21, 2017 was just confirmed filled on Friday February 21, 2020 as price action dramatically reacted to that value area. However pressure from the DXY may continue to push price to 1.07 (the uptrend mean), consolidate and create the famous W pattern before heading towards the upside.
However a current swing long position is active at Entry 1.08 with Target 1.25
Lets see how this plays as DXY is expected to weakened and trend lower.
However a current swing long position is active at Entry 1.08 with Target 1.25
Lets see how this plays as DXY is expected to weakened and trend lower.
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.