EurUsd will make new lows and then go up Breaking old Highs

FX:EURUSD   Euro / U.S. Dollar
EurUsd will continue dropping and probbably it can break old lows and make new lower lows probabbly around 1.1262 or 1.12 all this if DXY its able to reach 96.6, 96.8 or 97 also because there is a divergence with DXY , and because right now DXY is net short.Then it will go up making new highs.

The other scenario is tha EurUsd Retouch 1.13 and go up making new highs, respecting the trendline.

But in my opinion EurUsd will continiue dropping.

Related Ideas


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.