In my opinion Eu will fall start falling, we cme from a consolidation a fake break in the upside then a breake in the downside then a retracement to the consolidation and now it should go dawn, besides that DXY is on a bullish seasonal tendency until January apart of that we have the Us election coming next month, it should suppose good news for Us.
I think that dollar will continue falling or it will make make a little retracement to 97.20 and then go around 96.60 and then consolidate a little bit, that can be First Tp and then it will go around 95.80 or a little bit lower.
For me is a stong sell, for the cofluence with OB, Liquite has been taken out from Highs, we are Net Short and if you look DXY, EU...
As I said last week, Eu broke old intermediate lows and make new intermediate lows, all this because dollar reach 97... Now I am expecting that dollar falls that means an up move for EU and all the pairs related to dollar.
I think that EU will make a little retracement and then go around 1.435 or a little bit more. Also I think that EU wont make new intermediate...
As I said last week dollar break old intermediate Highs and make intermediate new Highs, now I am expecting that dollar make a little retracement to 97 and continue falling or just to continue falling until 96.20 0r 96.
For me is a strong sell for the confluence with order block, Fibo retracement, institutional price and Net short.
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EurUsd will continue dropping and probbably it can break old lows and make new lower lows probabbly around 1.1262 or 1.12 all this if DXY its able to reach 96.6, 96.8 or 97 also because there is a divergence with DXY, and because right now DXY is net short.Then it will go up making new highs.
The other scenario is tha EurUsd Retouch 1.13 and go up making new...