$EUR/USD is exploding today as a result of
DXY
plunging hard.
Fundamentally speaking , concerning is the fact of Euro-Zone's Recession .
TA speaking, $EUR/USD is about to be put on stop of it's impulsive price sky-rocketing
due to approaching Resistances such as ;
-8HR* OB
-Macro Broken Trendline which was firstly support but now found as Resistance.
If you're in a long, it would be a good move of taking some profits before price reaching at
resistances targets.
If you are looking for Buy, you should be very careful .
In case you are looking to Sell $EUR/USD, its best to remain patient and anticipate resistances
conflicting with Price Action .
TRADE SAFE
*** NOTE that this is not Financial Advice !
Please do your own research and consult your Financial Advisor
before partaking on any trading activity based solely on this Idea .
DXY
plunging hard. Fundamentally speaking , concerning is the fact of Euro-Zone's Recession .
TA speaking, $EUR/USD is about to be put on stop of it's impulsive price sky-rocketing
due to approaching Resistances such as ;
-8HR* OB
-Macro Broken Trendline which was firstly support but now found as Resistance.
If you're in a long, it would be a good move of taking some profits before price reaching at
resistances targets.
If you are looking for Buy, you should be very careful .
In case you are looking to Sell $EUR/USD, its best to remain patient and anticipate resistances
conflicting with Price Action .
TRADE SAFE
*** NOTE that this is not Financial Advice !
Please do your own research and consult your Financial Advisor
before partaking on any trading activity based solely on this Idea .
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*12Hr (tf)
Spinning Top
Spinning Top
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$EUR/USD (updated)
(price action updated)
*D (tf) printing Bearish Doji Candlestick