For this trde, i would say the reward is well worth the risk.
The dollar index #DXY is moving to the upside and as we all know, the next move for all XXXUSD pairs is to the downside, that includes this pair EURUSD.
Divergence has been spotted and as you all know, with divergence, you get a definite idea of what the price of an asset is trying to do and will actually end up completing the move it tried to make.
The dollar index #DXY is moving to the upside and as we all know, the next move for all XXXUSD pairs is to the downside, that includes this pair EURUSD.
Divergence has been spotted and as you all know, with divergence, you get a definite idea of what the price of an asset is trying to do and will actually end up completing the move it tried to make.
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Related publications
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.