Euro / U.S. Dollar
Long

Scapling Oppotunity

97
The dollar index is forming a triangular wedge. The EURUSD pair will move up for a while if the dollar index bounce back into the wedge from the top trendline. Watch the movement and place your buys with tight stop loss. Overall, the pair is more bearish. However, scalping is possible while the dollar index is moving within the channels of the wedge.

snapshot

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.