Get started
UnknownUnicorn180388

EUR.USD - Weak Dollar Providing Plenty Of Opportunity

Long
Euro / U.S. Dollar (FX:EURUSD)  
UnknownUnicorn180388 Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators ukforexsignals EURUSD
40
12
trendanalysis chartpattern indicator ukforexsignals eurusd
Currency Pair: EUR.USD
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Short

Live EUR.USD updates will be available in the comments section below
Comment:
Currently i am long GBP.USD meaning this setup would have too much exposure to the USD, however i don't now see any resistance until 1.2030 giving plenty of opportunity to the upside.
Comment:
A perfect retest of 1.2030 occurred.
I will now await a simple breakout of this level where i will be looking for long opportunities, or a clear reversal on multiple timeframes to take this pair short.
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.