Euro / ABD DolarıSatış
EUR/USD closes below key support
EUR/USD looks like a sell on rise
Last week's close violated 1.1945, the 23.6% Fibo retracement level of Nov-Jan rally.
Area around 1.1945 also acted as strong resistance in late August/early September 2020.
More selling likely, albeit after a minor bounce.
Risk assets could open higher, pushing USD down during Monday's Asian hours. President Biden's $1.9 trillion stimulus has been approved. Bitcoin is back above 50K, hinting at dollar weakness during the Asian hours.
I would look to sell the bounce...major support is now the 200-day SMA, currently at 1.1808, followed by the 38.% Fibo hurdle at 1.1695.
Strong close above 1.20 would force me rethink my bearish bias.
Last week's close violated 1.1945, the 23.6% Fibo retracement level of Nov-Jan rally.
Area around 1.1945 also acted as strong resistance in late August/early September 2020.
More selling likely, albeit after a minor bounce.
Risk assets could open higher, pushing USD down during Monday's Asian hours. President Biden's $1.9 trillion stimulus has been approved. Bitcoin is back above 50K, hinting at dollar weakness during the Asian hours.
I would look to sell the bounce...major support is now the 200-day SMA, currently at 1.1808, followed by the 38.% Fibo hurdle at 1.1695.
Strong close above 1.20 would force me rethink my bearish bias.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.