TradingView
Macrobriefing
Oct 28, 2022 2:56 PM

EURUSD to retrace last 2 weeks of trading Short

Euro Fx/U.S. DollarFXCM

Description

For me the US dollar sell-off has finished.
EURUSD went up to parity ahead of the ECB and now the US dollar bulls are back in control.

There isn't a fresh level until we get down to 0.9665, so that's where I am targeting for now!

Comment

had taken profits, but waiting to see if we get a bigger move lower soon

Comment

FOMC raising by 75 basis points is going to help this longer-term view stay the course. Whether anyone could trade ahead of the FOMC is a different matter
More