As you can see very easily on my Chart, it seems like the EURUSD will stay Bearish.
(1) Big Bearish Impuls with a correction between the Fib 78.60 and 61.80 (2) Played out at Fib Speed Arc RES + breaking this RES (3) Breakout TSL 1 and bouncing off to downside TRL 1
Now I am waiting for Price breaking the latest LOW at 1.12739 - If this is the case I will open my Short Position. # SL and TP on the Chart!
If you want more evidence and confirmation:
As we look at the EUR/USD in comparison with the DXY (which is Bullish at the moment), we have another Indication for a stronger USD.
PS: On the site you can also go LONG on the DXY
Nota
Formed a Double Top on the 1H initiating a move to the Downside. So we are pretty much on Track with my previous Analytics...
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