dainiushka

EURUSD, breakout near corner

Short
OANDA:EURUSD   Euro / U.S. Dollar
200 ema resistance was checked three times in daily timeframe, 100 ema resistance - one time, 50 ema resistance - twice, now EURUSD is in consolidation, has a trendline support and 20 ema resistance. Last three candles is below 20 ema, if the last candle closes below 20 ema today, it will be a bearish sign. So all ema's was checked. The yield of 10-year Treasuries is up hard today, it is bullish for dollar. U.S. Federal Reserve bank is hawkish, maybe raise interest rates sooner than expected (three rate hikes this year), tapering bond purchases, despite high inflation. ECB is dovish, will not rise interest rate this year, despite economy growth due high covid cases, lockdowns. Left to defeat trendline, and down
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