Hello everybody, in this special analysis, I see a nice opportunity that maybe Euro is weakness the trend!!! Because we could see a bearish season. Now, i share you my screenshoot for you, because we could see a possible USA recovery for the next days between weeks.
First, we see in Daily that Euro is weakness boughts and we are in the strong resistance at $1.18 that was broke up, but in that case we could see a sell off of Euro as US is into the recovery for the past speculate news that I discuss with you.
Now, this analsyis of Daily is a key important to find up a medium term profits.
Now, this is an weekly analysis that we broke up the red resistance, obvously this red resistance is a weekly zone, and it's could be a go back below as rejetion, because as we are in the bullish channel, we could to end the boughs and startind the bearish season for the next days as I predict.
Finally, as I add the 3 day charts, we see a possible drop of the price in medium term, also the RSI show a pull back in the 80 parameters and that confirm an exactly point to find down sell off.
Now, I share you my fundamentals keys for you:
1. Euro rises above key $1.20 USD level for first time since May 2018
Now, if you see Euro is go up so much, but need to make a correction before to continue up with their bullish trend.
Also, using the Fibonacci we could see two scenarios at $1.16 USD and a possible to reach at $1.1550 USD,
So, my objective is simple find down 330 pips, its a good bussiness and profits to earn down.
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