fredpui

$EURUSD $USDEUR Analysis

Long
fredpui Updated   
FX_IDC:USDEUR   U.S. Dollar / Euro
USD has been rallying since end of May 2021 until recently (end of Aug)

Could the top end of Aug be a false break ?

It seems 0.8400 is a strong support level for USDEUR. I am expecting the pair to sideways between 0.84 and 0.853

Lets watch and see... a higher USD will most likely cause gold price to drop.

I am still bearish on Gold.
Trade closed: target reached:
yes USD has been going up nicely since this post

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.