DikotoMandengue

EUR/USD LONG - Momentum trendline break - Dollar weakness

Long
FX:EURUSD   Euro / U.S. Dollar
EUR/USD LONG

Talking points,

Technicals:
Bounces of support, at trendline momentum is getting stronger, indicates that the price is going to break trendline.
Next resistance will be at 1.145000. RSI at 50.

Fundamentals:

Thanksgiving US Holiday (Thursday & Friday), Liquidity. Expecting dollar weakness

Sentimental:


Retail FX traders are positioning in Dollar-based majors like EUR/USD: 63% of Retail Traders are Long, Despite YTD lows
Trade active:

Comments

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