themoneyking

Main target hit

Short
OANDA:EURUSD   Euro / U.S. Dollar
$1.17630 hit because of FOMO and its extremely overbought for to long. EUR package started the bull run along side FOMO on hitting that $1.17-$1.18 area. I believe the bulls are running out of steam.

We have some news tonight regarding the USA stimulus package and unemployment. Lets see how the day rides along heading to the news.

$1.16823 is first break followed by $1.16456 then we have confirmation it'll dip to the $1.14-$1.15 level. Wait for confirmation.

Comments

Fundamentally the fall of the dollar is not ready yet and we will probably see 1.20
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