Get started
TheBanker

eurusd bounce

Long
Euro / U.S. Dollar (FX:EURUSD)  
TheBanker  
FX:EURUSD   Euro / U.S. Dollar
EURUSD eurusdshort eurusdlong eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdoutlook eurusdtrade eurusdbreakout
29
8
eurusd eurusdshort eurusdlong eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdoutlook eurusdtrade eurusdbreakout
EUR/USD retraces 61.8% of YTD rally and recovery begins

We had a close below the 50d SMA, and that is bearish; however, Wednesday’s oversold recovery, “hammer” like candle implies a bounce first.

Gl and remember this is only temporary, the euro is collapsing.

Related Ideas

TheBanker
never marry a position, huge upside unlocked in euro
TheBanker
Italian ATM's are being emptied, bank runs have begun
TheBanker
Trading the Italian Referendum, do we have a major crisis?
TheBanker
eur/$ roadmap for parity - thebanker
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.