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AndreLuiz66
About me M.Sc. FT Investment and Finance, Queen Mary, University of London, 2015 MBA in Finance, Brazilian Institute of Capital Markets, IBMEC, Brazil, 2009 B.Sc. Industrial Design, Majoring in Visual Programming, UFRJ, Brazil, 2002 Chartered Market Technician
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FX:USDEUR 50% | 1 FX_IDC:USDEUR 50% | 1
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Is it time to Sell USD/EUR?
USDEUR
, MShort
USDEUR: Is it time to Sell USD/EUR?

see the chart

Two Likely Scenarios (DOLLAR/EURO)
USDEUR
, M
USDEUR: Two Likely Scenarios (DOLLAR/EURO)

This is a study based on the monthly chart. The price is approaching a strong resistance area. In this zone (between 0.9184 and 0.9883) there are important long-term Fibonacci levels (retracement and extension) and also a Speed Resistance (blue line). So stay tuned for a short strategy if USDEUR reach this region.

Danielguitopo
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