EURUSD correction to deepen with wedge breakout


I am short EURUSD and looking for further losses. I expect to see a broad correction in the US dollar, with the EURUSD major taking most of the USD’s gains. 

USD Index

Monthly – Moving lower from the Fibonacci confluence area (102.00). In April, we posted another outside candle highlighting the downside pressure for the index. Strong support is not seen until 92.50.

arrow

EURUSD correction to deepen with wedge breakout

0

Send this to a friend

Fill out the form below for more information
for lising in LeapRate's Forex Yellow Pages

Please enter the company name, email address to reach you and phone # (optional):

Please fill out the message field to the right for any questions or special inquiry: