HELLO TRADERS
Before talking about EURUSD we will first take a look at dollar index DXY
DXY has been been very bullish recently and is now correcting to a strong resistance we expect continuation higher on the retest
bullish DXY means bullish EURUSD
(see DXY chart below)
now back to EURUSD which has been very bearish and recently correcting higher to retest the resistance @ 1.059 we expect continuation lower to target 1.055
BREAK ABOVE 1.63 WILL INVALIDATE THIS IDEA
IF YOU FIND THIS IDEA VALUABLE SUPPORT IT TO REACH MORE TRADERS
Before talking about EURUSD we will first take a look at dollar index DXY
DXY has been been very bullish recently and is now correcting to a strong resistance we expect continuation higher on the retest
bullish DXY means bullish EURUSD
(see DXY chart below)
now back to EURUSD which has been very bearish and recently correcting higher to retest the resistance @ 1.059 we expect continuation lower to target 1.055
BREAK ABOVE 1.63 WILL INVALIDATE THIS IDEA
IF YOU FIND THIS IDEA VALUABLE SUPPORT IT TO REACH MORE TRADERS
