Want to wish my followers a Happy New Year, and I hope you all continue to progress with your trading/investing goals/ambitions.
EURUSD looking good near the end of the year here. Seems like we have a Cup and Handle pattern here after a nice long downtrend.
One can argue if the daily close is worth entering, or await a close above the 1.1230 zone. Whatever suits your risk vs rewards profile.
I would wait to see how price reacts at the 1.1290-1.13 level. A larger flip zone is above at 1.14.
Let us take a look at the DXY:
It seems we are looking for a pattern and lower high confirmation break here as well. Watch for these charts for the upcoming weeks.
EURUSD looking good near the end of the year here. Seems like we have a Cup and Handle pattern here after a nice long downtrend.
One can argue if the daily close is worth entering, or await a close above the 1.1230 zone. Whatever suits your risk vs rewards profile.
I would wait to see how price reacts at the 1.1290-1.13 level. A larger flip zone is above at 1.14.
Let us take a look at the DXY:
It seems we are looking for a pattern and lower high confirmation break here as well. Watch for these charts for the upcoming weeks.