EUR/USD, areas to watch on when to get short!!!
EURO WILL GO IF GOLD BREAKS UP!
I see gold as the trigger, gold could break out the top of a bullish channel as it trends in to major Resistance 98.00 (CHART BELOW) paving the way for the D.X. to get some bullish momentum and swing up off a major support zone.
All that spells bad news for the massively oversold EUR/USD, 79% are holding short positions. So pack a parachute and watch gold if you're still long. Just a Idea after doing some homework, time will tell.
Good luck!
I see gold as the trigger, gold could break out the top of a bullish channel as it trends in to major Resistance 98.00 (CHART BELOW) paving the way for the D.X. to get some bullish momentum and swing up off a major support zone.
All that spells bad news for the massively oversold EUR/USD, 79% are holding short positions. So pack a parachute and watch gold if you're still long. Just a Idea after doing some homework, time will tell.
Good luck!
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They have both hit the mark and are giving it a go, if they don't turn round now could be long for a few days
Comment:
Gold is up and he DX has made a small move in the bearish direction. It could bounce down here! Got my order waiting 1.17620.
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