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x2dazo
Feb 17, 2021 9:56 PM

EURUSD Mid-Week Review Short

Euro Fx/U.S. DollarFXCM

Description

Mid-Week Review
Comments
wahidro
Youre bearish on eurusd and bullish on gbpusd when both pairs highly correlate, i suggest you re-think your position
x2dazo
@wahidro, if price surpasses resistance at 1.215 I will go for a bullish bias on EU. EU over the last month has not seen the same gain in price as GU. Look at the price of today versus a month ago to see that it was not as price sensitive to DXY dropping as GU was. EU is overall a downtrend whereas GU is an uptrend based on my review and others may have a alternative perspective.
Bdodds93
I disagree with this, already hit the resistance so now looking to raise
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