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You folks trade the currencies much more than I. Wonder what you think. I am thinking the dollar may get a bounce then big fall. Just trying to plan ahead. Could use help from the pros.
Looking at the Euro futures, the momentum is declining, as shown on the momentum indicator. There is also divergence and, a triangle forming. Waiting one a trend line break to enter a trade with a tight stop.
Target 1 = 1.35000
Target 2 = 1.33437
EURUSD imposed on Euro Currency Futures (6E) -EOD VSA:
Still need further confirmation, probably a retest of these highs on lack of demand. this would give us a better risk:reward ratio