CharlieMcclelland

EUR/USD short play due to the price of DXY rising...

Short
FX:EURUSD   Euro / U.S. Dollar
- stochastic RSI shows that there is space for price to move up slightly, maybe to the 1st POI
- if 1st POI doesn't get rejected then the 2nd POI will be the entry
- the DXY chart shows that the US dollar could start moving back up, which would make the EUR/USD pair decrease in price

let me know what you think...

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.