AlkalineFX

EURUSD - Not Convinced

FX:EURUSD   Euro / U.S. Dollar
#EURUSD Analysis⚡️
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From a technical perspective, many would assume this pair is now ready to fly to the downside after breaking the ascending channel it was caught in. After analyzing the DXY , a major factor in the movement of this pair. My opinion is that we will potentially see a break back within the channel with room for more upside. My bias remains bearish until I can see the level of 1.18000 being broken, then I will consider a buy position into the next key level of 1.19400.
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What is your view on this pair?👇👇

Comments

agree that we should wait on this pair to show us directions
Reply
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