EU Monthly Outlook
Monthly
The USD has gained a strength over the last month resulting in a weakening EUR. EU is head to the 1.0500 POI as earlier anticipated. Price rejected teh 1.10000, which also coincides with the 50% percent Fib Level. I will be watching to see we get a close below the previous monthly candle, which will most likely result in a more bearish move for EU
The USD has gained a strength over the last month resulting in a weakening EUR. EU is head to the 1.0500 POI as earlier anticipated. Price rejected teh 1.10000, which also coincides with the 50% percent Fib Level. I will be watching to see we get a close below the previous monthly candle, which will most likely result in a more bearish move for EU
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.