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Euro / U.S. Dollar
Short

EURUSD 30 Jun 2020 - Fiber and usd month end demand?

By AlpacaBlack
Updated
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.
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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!

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Note
Frankly speaking I reduced my core short fiber position very extremely, cus this is really tricky to say where we are going from here.
Once we break 1.1207-04 to the downside it is time to jump again seems, but until it holds we can see some wild bounce again?
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Today the last day of the month and the quarter, so this is why it is so hard going and we can expect volatile session.
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Chart PatternsEURUSDforexmospheriansTrend Analysis
AlpacaBlack
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