Moon_SmartMoney

EURUSD SHORT/ SELL

Short
Moon_SmartMoney Updated   
FX:EURUSD   Euro / U.S. Dollar
πŸ”° Pair Name : EUR/USD
πŸ”° Time Frame : 1H/4H
πŸ”° Scale Type : MID Scale
πŸ”° Direction : SHORT/SELL

πŸ“ŠπŸ“‰ EURUSD Technical Analysis πŸ“‰πŸ“Š

Greetings fellow traders! πŸŒπŸ“ˆ Taking a purely technical perspective on EURUSD, we observed a significant plummet yesterday, attributed in part to the FOMC minutes. This abrupt decline left a residual liquidity trail, indicating a market imbalance that calls for re-equilibration. πŸ”„βš–οΈ Before entertaining the possibility of further downward movements, we anticipate a potential price correction towards, or even to, the lower bounds of the daily demand zone. πŸ“‰βš™οΈ

πŸ“° On the fundamental front, we've attached a relevant article discussing the FOMC meeting briefing. Over the next six weeks, brace yourselves for a potent USD rally, potentially spurred by apprehensions surrounding the Fed's contemplation of interest rate hikes. πŸ¦πŸ’Ό

Remember, trading prudently is paramount. Always prioritize risk management and informed decision-making. πŸ›‘οΈπŸ’‘ Trade wisely and stay vigilant. πŸš€πŸ’°

#EURUSDAnalysis #TechnicalPerspective #FundamentalOutlook #StayInformed #TradeSafely πŸ“ŠπŸ“‰πŸ“°πŸ’ΌπŸ“ˆπŸ›‘οΈ
Trade active
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.