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Hello traders!
Here are my thoughts on EUR/USD.
Those who saw my previous analysis of EUR/USD know, that this is a point I have been waiting for. Trend finally shifted to bullish again, broke the resistance and re-tested it. Entry was made on the 4h chart after a strong bullish candle.
DXY is still bearish, which means that all XXX/USD pairs should go the opposite way. Reminding that USA fed prints a lot of money these days, which will make USD weaker.
📈📉Trends:
⏳ Weekly- Bullish
⌛️ Daily- Bullish
🟣 Purple zone - Weekly key level
🔵 Blue zone - Daily key level
Trade will be taken only if all conditions were met.
Don’t forget to let me know your opinion on this in the comment section below! 💬 Sharing is caring! 👨👩👧👦
Have a wonderful and profitable day! ❤️
- ProfitalzTrading
Hello traders!
Here are my thoughts on EUR/USD.
Those who saw my previous analysis of EUR/USD know, that this is a point I have been waiting for. Trend finally shifted to bullish again, broke the resistance and re-tested it. Entry was made on the 4h chart after a strong bullish candle.
DXY is still bearish, which means that all XXX/USD pairs should go the opposite way. Reminding that USA fed prints a lot of money these days, which will make USD weaker.
📈📉Trends:
⏳ Weekly- Bullish
⌛️ Daily- Bullish
🟣 Purple zone - Weekly key level
🔵 Blue zone - Daily key level
Trade will be taken only if all conditions were met.
Don’t forget to let me know your opinion on this in the comment section below! 💬 Sharing is caring! 👨👩👧👦
Have a wonderful and profitable day! ❤️
- ProfitalzTrading
