2022 showed up to be a a very wild volatile year for the Forex Markets. A year filled with Turmoil events experienced by Fiat Curencies in the midst of a Broken Monetary Debt based System.
In particular that of EUR, it printed it's price action to as low as 0.90 valued against US Dollar . A re-visited old Level of Support dating back as far as early 2000's . Since 0.90 lows when the Long Call was given, EUR has been going up by a lofty 12 % . This is a good considerable area of Taking Profits after a vertical rally approaching 200EMA on the Weekly at 1.119
SHORT Call on EUR/USD Time of duration : Short to mid term
Until the next one, Trade Smart
TRADE SAFE
- Note that this is not Financial Advise. Please do your own research and consult your Financial Consultant before throwing any of your hard earned money in Financial Markets.
Nota
EUR/USD * * *
Importatn Weekly Close ahead for EUR/USD
Nota
Negative Weekly Opening so far for EUR/USD, below Fibb's Golden Zone
Nota
EURUZONE OFFICIALLY IN RECESSION TWO CONSECUTIVE RED QUARTERS
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.