FX:EURUSD   Euro / U.S. Dollar
Hello traders,

This trade have more fundamental anlysis than technical.

China started to sell US Treasuries :
www.bloomberg.com/ne...ded-for-yuan-support

This will have bullish implications in US Dollar like I´ve posted before :

From the technical perspective, you can wait till downside breakout of Kumo , but I entered short position with SL @ 1.124 on a daily close

My target is 1.09 area, and lower

Best

Josep Pocalles

Josep Pocalles
Top Technical Analysis Voice
www.linkedin.com/in/josep-pocalles/
realisto.net
One-to-One Trading Coach & Mentor
Telegram Channel
t.me/+QbOKfXHX1UArUQCB
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.