Euro / U.S. DollarShort
EURUSD Shorts Approaching parity
-The dollar is coming in weak this week as EURUSD is approaching parity. Will be waiting for the institutional sellers to enter the market around 1.0000, then looking to enter the market after clear selling pressure.
-This pair has been due for a pullback for a few weeks now.
-The FED is remaining hawkish, as we are waiting a potential 1.0 bp hike at the next FOMC meeting so I'm still bullish on the $, assuming this is just a bear market rally.
-This pair has been due for a pullback for a few weeks now.
-The FED is remaining hawkish, as we are waiting a potential 1.0 bp hike at the next FOMC meeting so I'm still bullish on the $, assuming this is just a bear market rally.
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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.