The Euro has great market structure on the Monthly timeframe showing price is rejecting a major resistance area.
On the lower timeframe price has created a double top with bearish momentum as the dxy is starting to rise again.
Here is the play I will be taking on this pair:
Entry = 1.03352
Stop Loss = 1.03978
Take Profit = 0.09500
On the lower timeframe price has created a double top with bearish momentum as the dxy is starting to rise again.
Here is the play I will be taking on this pair:
Entry = 1.03352
Stop Loss = 1.03978
Take Profit = 0.09500
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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.