#EURUSD - 2 Sep
Yesterday was a small range day and interestingly EURUSD moved higher, Could the lows be in? IMO, the up move yesterday when US market is closed, is not representative. I am seeing it more as a pullback in the strength of DXY, thus could see another down move IMO.
Overall, my view remains the same; that is DXY could go up to 102.16/38 before a top and EURUSD could go down to 1.1010 before a move higher.
One can try a long if price breaks above PZ and re-test it, for a move higher.
Overall, my view remains the same; that is DXY could go up to 102.16/38 before a top and EURUSD could go down to 1.1010 before a move higher.
One can try a long if price breaks above PZ and re-test it, for a move higher.
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