AnthoXBT

EUR/USD, mirror level rejected again, still bearish

Short
AnthoXBT Updated   
FX:EURUSD   Euro / U.S. Dollar
Hi guys !

With USD mid-term election yesterday, the Dollar Index (DXY) fall and then, EURUSD went up. EURUSD reached 1.15, a strong resistance and the price drop back to 1.14 and the price closed below the key level at 1.143, one more time.

So, what's next ? As you can see, I'm still using the same uptrend from 2017 ! This one is clearly a very important level, and now it's a resistance too.
Furthermore, the Ichimoku Cloud projection is bearish too.

This time, the support at 1.13 should be break and the price should drop toward 1.125 .

Don't forget that tomorrow at 8pm (UTC+1, Paris), the FED's numbers will release.

Thanks for your time guys !
Trade active

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.