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holeyprofit
Jul 13, 2022 4:26 PM

Possible blow-off coming in USD long. Short

Euro Fx/U.S. DollarFXCM

Description

Pretty stunned to see EURUSD breaking a 5 yr range and have nominal bounces after. I'd have expected to see a much stronger snap back. One may still come, but if we're holding down trending formations we might be due to see a big boom in the USD still.

Final target on EURUSD still a lot lower than we are currently. 0.8970 is the overall swing target. Surprised to see it not bouncing on the parity testing but it might just keep going.

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