From the chart, you can see that USD dollar has broken down from the bullish trend line and if it falls below the black dotted line, then it would be a good confirmation to add more long positions in EURUSD.
Likewise, EURUSD chart tells us it has been supported at 1.17 (black dotted line as support) and it must stay above this level to continue higher. If it comes tumbling down later or this week, then we will know this breakout is fake.
Trade cautiously. I will wait for the Presidential debate for updates later ......
Likewise, EURUSD chart tells us it has been supported at 1.17 (black dotted line as support) and it must stay above this level to continue higher. If it comes tumbling down later or this week, then we will know this breakout is fake.
Trade cautiously. I will wait for the Presidential debate for updates later ......