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Mr_J__fx
Aug 5, 2023 5:38 PM

EUR/USD -Macro Resistance  Short

EUR/USDOANDA

Description

EUR/USD is about to come in to contact with a Macro Resistance Trendline @ 1.13151$
One must beware and very careful when it comes in to looking for Buying Opportunities when breaking down the technical analysis on smaller time frames.

With TVC:DXY reclaiming last week the broken Big Range of 100-105 zone, it appears so that with uptrend continuation of TVC:DXY , Euro tends to bleed.
(tradingview.com/chart/DXY/x2nDwBCt-DXY-Middle-Range-Warzone-105vs100/)

Not to mention above else, that Fundamentally, Euro-Zone is not looking as promising to support
EUR currency against TVC:DXY



TRADE SAFE
*** Note that this is not Financial Advice !
Please do your own research and consult your own Financial Advisor
before partaking on any trading activity based solely on this Idea

Comment

EUR/USD
Candlestick version


*3D (short term positive momentum) ?
1.13151 price coinciding on two different chart perspectives
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