Unlike GBPUSD, EURUSD made a dip to the weekly BZ before the rally yesterday, almost as per the path given yesterday (tradingview.com/chart/EURUSD/xUAKeZWn-14062023-EURUSD/) and right to the target before, as per GBPUSD, FOMC made DXY recover.
And now, it is making another down move with price at BZ now, though it is below BZ for GBPUSD. I said to watch DXY 103.20 for a rejection. And if EURUSD can reclaim BZ, look for a move higher. From the looks of it, should be moving lower first, with 1.0806 as first support and 1.0732 below.
And now, it is making another down move with price at BZ now, though it is below BZ for GBPUSD. I said to watch DXY 103.20 for a rejection. And if EURUSD can reclaim BZ, look for a move higher. From the looks of it, should be moving lower first, with 1.0806 as first support and 1.0732 below.
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Join me for free on Patreon (patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan. DM me to join my new group to learn all my trading levels and to trade together.
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.