EUR/USD LONG
Talking points,
Technicals:
Bounces of support, at trendline momentum is getting stronger, indicates that the price is going to break trendline.
Next resistance will be at 1.145000. RSI at 50.
Fundamentals:
Thanksgiving US Holiday (Thursday & Friday), Liquidity. Expecting dollar weakness
Sentimental:
Retail FX traders are positioning in Dollar-based majors like EUR/USD: 63% of Retail Traders are Long, Despite YTD lows
Talking points,
Technicals:
Bounces of support, at trendline momentum is getting stronger, indicates that the price is going to break trendline.
Next resistance will be at 1.145000. RSI at 50.
Fundamentals:
Thanksgiving US Holiday (Thursday & Friday), Liquidity. Expecting dollar weakness
Sentimental:
Retail FX traders are positioning in Dollar-based majors like EUR/USD: 63% of Retail Traders are Long, Despite YTD lows
Trade active
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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.
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.