Euro / U.S. DollarShort
EU short - H&S pattern sowing.
Short EU.
The push of GU creating a new low today shows that the Dollar is gaining momentum again.
The Trendline is going to be important if it breaks we should see quiet some follow through.
Also: seems like we did just form the potential right shoulder. Hopefully we will also see a lot of follow through once the Neckline of the H&S breaks.
Let the next FED speculation cycle begin. :) DXY shows a lot of bullish potential.
The question is when the Euro will reach parity
Short Euro.
The push of GU creating a new low today shows that the Dollar is gaining momentum again.
The Trendline is going to be important if it breaks we should see quiet some follow through.
Also: seems like we did just form the potential right shoulder. Hopefully we will also see a lot of follow through once the Neckline of the H&S breaks.
Let the next FED speculation cycle begin. :) DXY shows a lot of bullish potential.
The question is when the Euro will reach parity
Short Euro.
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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.