Yesterday witnessed a great deal of unidirectional push on major USD crosses. The EURUSD was not an exception. With the DXY strengthening for the most yesterday, the ripple effect on all USD crosses was bound to happen.
We were looking at the market for the most yesterday, trying to find a potential reversal point. While it seemed unclear, we were still able to narrow our probability into a rather slim perspective and spectrum.
Looking at the market right now, i will say that our reverssal should begin to show up any time soon.
I can already see reversals on some other USD crosses.
Price on the EURUSD is currently at a critical zone. Even though not an anticipated zone, price can see some reversal in that zone.
We still wait to see clear sign and confirmation of the reversal on the EURUSD, but for now, we still keep fingers crossed
We were looking at the market for the most yesterday, trying to find a potential reversal point. While it seemed unclear, we were still able to narrow our probability into a rather slim perspective and spectrum.
Looking at the market right now, i will say that our reverssal should begin to show up any time soon.
I can already see reversals on some other USD crosses.
Price on the EURUSD is currently at a critical zone. Even though not an anticipated zone, price can see some reversal in that zone.
We still wait to see clear sign and confirmation of the reversal on the EURUSD, but for now, we still keep fingers crossed
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.
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.