Hello everyone,
On this short-term trade, I bring my technical analysis on the EURUSD pair.
After a week that provided us with a good selling opportunity the pair as entered in a corrective move. I believed that the price will eventually touch but not break the 1.1460 level which represents an area where the price as some complications moving down.
The asset is expected to break the ascending trend line downwards and with a stronger dollar momentum, I’m personally looking to sell the asset on this correction thinking that the price as more room to fall until the 1.11 level.
Key Note: Using the anti-correlation formula we should buy the USDCHF which I also share my technical analysis here on Tradingview.
This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested.
On this short-term trade, I bring my technical analysis on the EURUSD pair.
After a week that provided us with a good selling opportunity the pair as entered in a corrective move. I believed that the price will eventually touch but not break the 1.1460 level which represents an area where the price as some complications moving down.
The asset is expected to break the ascending trend line downwards and with a stronger dollar momentum, I’m personally looking to sell the asset on this correction thinking that the price as more room to fall until the 1.11 level.
Key Note: Using the anti-correlation formula we should buy the USDCHF which I also share my technical analysis here on Tradingview.
This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved.
CFD´s are very complex financial products that can result on the loss of most capital invested.
