EURUSD: Short-term short, medium-term long
https://www.tradingview.com/x/1dOtF3jK/
In the short term, there is a need for a rebound in the DXY, so if you are trading related currencies like EUR/USD, it’s preferable to focus on short positions. The main resistance for the DXY rebound is around 102.
Analyzing from a broader trend perspective, the DXY is highly likely to break below 100 in the coming period. This can be used as a reference for medium-term trading of related currencies
In the short term, there is a need for a rebound in the DXY, so if you are trading related currencies like EUR/USD, it’s preferable to focus on short positions. The main resistance for the DXY rebound is around 102.
Analyzing from a broader trend perspective, the DXY is highly likely to break below 100 in the coming period. This can be used as a reference for medium-term trading of related currencies
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