EURUSD
Short Setup
👉🏻 A short-term shift of bias to the downside on EURUSD, as a significant rejection just before the market closed on Friday after a whole week gains. My long-term bias still remains to the upside on this major pairing, as for the time being, looks like more corrective movement on the larger timeframe.
[EURUSD 10 Year Cycle]
📈 This was plotted in early 2021 and noticed the rally off 2000 and 2020, monthly descending trendline has also been broken.
Short Setup
👉🏻 A short-term shift of bias to the downside on EURUSD, as a significant rejection just before the market closed on Friday after a whole week gains. My long-term bias still remains to the upside on this major pairing, as for the time being, looks like more corrective movement on the larger timeframe.
[EURUSD 10 Year Cycle]
📈 This was plotted in early 2021 and noticed the rally off 2000 and 2020, monthly descending trendline has also been broken.
Note
Trade entry:Trade closed: target reached
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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.