#EURUSD - 18092024

9月18日

Yesterday, EURUSD made a small down move to the mid of PZ, rallied higher but faltered and moved back to close near the lows. However it has opened and moved higher. DXY formed a bullish daily candle, probably due to the sell off in GBPUSD. DXY is now at 100.85; IMO, I do see further upside for DXY here; thus a possible move is for DXY to go to 101.2, to find rejection before a move lower.

Thus EURUSD, now at PZ, could see a rejection for a move lower first, finding a bottom before a move higher. Looking at a price target to 1.1072 with a possible long off 1.1060/72.