Euro / DollaroShort
EUR/USD technical analysis 1st july with signals
1- Jerome Powell latest words dampened the probability of rate cut in July. this leads to stronger dollar.
2- The negotiations between China and USA about trade war also makes the dollar stronger.
3- The main trend is up. reaching 1.1413 will resume the uptrend.
4- The main range is 1.1448 to 1.1107 which 1.1318 to 1.1278 is the retracement zone of the price.
Signal: Sell at above 1.1340
tp: 1.1318
sl: 1.1379
2- The negotiations between China and USA about trade war also makes the dollar stronger.
3- The main trend is up. reaching 1.1413 will resume the uptrend.
4- The main range is 1.1448 to 1.1107 which 1.1318 to 1.1278 is the retracement zone of the price.
Signal: Sell at above 1.1340
tp: 1.1318
sl: 1.1379
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