Lollo2693

EUR/USD end of retracement

Short
Lollo2693 Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Good evening guys, as highlighted in the analysis of DXY (www.tradingview.com/...rt/DXY/ulmSidSN-DXY/) the pullback of the Dollar is almost over and it is ready to start up again. The Eur / Usd couple is already in an excellent sell zone, as reported.
I think the drop will start Monday / Tuesday so get ready ;)
Trade active:
SL: 1.14500
Comment:
It goes exactly as planned! Wait for new low at 1.11300
Comment:
After a couple of days negative for the dollar, of which the euro did not hesitate to take advantage and in which the trend seemed compromised, now it seems to have recovered. But the trend is not yet confirmed 100%, for confirmation we will have to wait until December 5th when Fed President Powell will speak again.


For more information on the trend of the dollar you can consult my inherent idea, , In this post I'm analyzing it from the beginning of the month, information of the current days can be found at the bottom of the post.
Comment:
Hello! The price today has left the channel in which it was moving, the dollar has indeed scored a lower minimum. However, at 4:00 pm, after the Fed has released positive news, the dollar has risen, rejecting the euro in the downward trend. The trend seems therefore confirmed, we wait for Powell tomorrow that will most likely give further confirmation, if I were you I would start selling this pair.
Good evening everybody.

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