AlexKuptsikevich

EURUSD one step to confirm braking upwards

Long
FX:EURUSD   Euro / U.S. Dollar
it is worth to pay attention to the dynamics of the dollar near 95.80 on DXY and the potential of EURUSD to continue its growth above 1.1400.
Confirmation for bullish reversal would be in the case of the pair growing above 1.1500 (previous highs). This could become signal for braking short-term downward impulse for the pair.

But In the longer run, there is not much bullish factors as more fundamental ones still matters. Read more about recent Powell's commentaries that puts pressure on the USD: https://fxpro.news/daily-forex-outlook/f...

Comments

Forex traders please eye on that chart. It's important for you guys.
I am crypto trader.
+2 Reply
Thanks for the chart. Good idea.
+2 Reply
EURUSD H4 Expanding Flat C up
+1 Reply
Thanks for the idea. I didn't see that. I will have an eye on that.
+1 Reply
Bearish engulfing candle denied the breakout, stay short.
Reply
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