Sylynt056

EUR/USD SELL

Short
Sylynt056 Updated   
FOREXCOM:EURUSD   Euro / U.S. Dollar
Market currently in bullish stagflation as both currency finish out their respective cycles we can expect market to stay neutralized until start of break. the perpendicular perspective of both indexes shows the bear momentum projected to take primary role. exy has reached potential peak and awaits its journey to the downside as the DXY is opposite and sitting at the upper level of the 38% FIB @ 4HR low and expected to rise to the 50% FIB @ Monthly-HI

Climbage Projections P1:
INCLINE: 1.25%
DECLINE: (-0.91%)

P2:
INCLINE: 2.036%
DECLINE: (-2.320%

* can clearly see the stagflation from projectiles which is why the perpendicular currency indexes for me helps find momentum and direction wait for declined breakout.
Comment:
TP1@ 1.08153
tp2@ 1.06625

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