Euro / DollaroShort
EURUSD Bearish move
Sentiment value- The market is short 78% and long 22%. The bears are in favor.
Technical analysis- The market is making lower highs and lows but it is in a pattern. We already see that it bounce off the resistance. I'm just waiting for the price to break support on the bottom line. We also have a another resistance making price go down more. I think this price will bounce to the bottom of the pattern.
fundamental value- There is some pretty strong news coming from Powell for the next few days, so be careful if you take this trade.
Conclusion- I'm a little worried about news if this trade gets set but I see a strong analysis from my side to work. I'm Just waiting for it to break that support level and I see it going down to 1.07130 level. What do you guys think?
Technical analysis- The market is making lower highs and lows but it is in a pattern. We already see that it bounce off the resistance. I'm just waiting for the price to break support on the bottom line. We also have a another resistance making price go down more. I think this price will bounce to the bottom of the pattern.
fundamental value- There is some pretty strong news coming from Powell for the next few days, so be careful if you take this trade.
Conclusion- I'm a little worried about news if this trade gets set but I see a strong analysis from my side to work. I'm Just waiting for it to break that support level and I see it going down to 1.07130 level. What do you guys think?
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.