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Euro / U.S. Dollar
Short

EURUSD: Are we in a recessionary environment?

By JoeChampion
Updated
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.09500 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.09500 support and resistance area.
Trade safe, Joe.
Comment
EURUSD is trading above 200 MA on the 4h chart
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Goolsbee: If inflation and the job market continue to cool, the fed should cut!
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us labor slowing may push EURUSD up to the resistance level
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DXY: Recessionary Environment And Potential Upsides


DXY is approaching a decent support
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EURUSD is testing the 1.09600 resistance
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After a breakout above the trend EURUSD is back once again below as recession risks rise, was it a fake out?
Bearish PatternsBeyond Technical AnalysisEUREURUSDTechnical IndicatorsSELLshorttechnicalanlysisTrend AnalysisUSD
JoeChampion
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