Mr_J__fx

EUR/USD *Macro Picture (update) TP

Short
Mr_J__fx Updated   
OANDA:EURUSD   Euro / U.S. Dollar
2022 showed up to be a a very wild volatile year for the Forex Markets.
A year filled with Turmoil events experienced by Fiat Curencies in the midst of a Broken Monetary Debt based System.

In particular that of $EUR, it printed it's price action to as low as 0.90 valued against US Dollar .
A re-visited old Level of Support dating back as far as early 2000's .
Since 0.90 lows when the Long Call was given, $EUR has been going up by a lofty 12 % .
This is a good considerable area of Taking Profits after a vertical rally approaching
200EMA on the Weekly at 1.119

SHORT Call on EUR/USD
Time of duration : Short to mid term








Until the next one,
Trade Smart

TRADE SAFE

- Note that this is not Financial Advise.
Please do your own research and consult your Financial Consultant before throwing
any of your hard earned money in Financial Markets.

Comment:

EUR/USD
* * *

Importatn Weekly Close ahead for EUR/USD
Comment:

Negative Weekly Opening so far for EUR/USD, below Fibb's Golden Zone
Comment:


EURUZONE OFFICIALLY IN RECESSION
TWO CONSECUTIVE RED QUARTERS

More DOWNSIDE to Come for $EUR/USD
Comment:

EURONEXT:EUR - 1HR (tf) *

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.