EURUSD: BEARISH ASCENDING TRIANGLE ๐ป
ืืขืืืื
BIAS: BEARISH ๐ป
TECHNICAL PROJECTION: BEARISH
On the H4, we have a bearish bias that price will retest "B" & "D" area and to continue further bearish to 1.02 target to complete its "e wave" from the bearish descending triangle pattern.
FUNDAMENTAL PROJECTION: BEARISH
DXY STRENGTH: Market could be pricing further 75bps hike tightening to come & balance sheet reduction to continue at 60b & 35mbs over the three month timeframe.
TECHNICAL PROJECTION: BEARISH
On the H4, we have a bearish bias that price will retest "B" & "D" area and to continue further bearish to 1.02 target to complete its "e wave" from the bearish descending triangle pattern.
FUNDAMENTAL PROJECTION: BEARISH
DXY STRENGTH: Market could be pricing further 75bps hike tightening to come & balance sheet reduction to continue at 60b & 35mbs over the three month timeframe.
ืืขืจื
ืืขืจื
EURUSD: Retested B aoi & tanked - +75 pips in profit
(tradingview.com/x/8zTiUzIB/)
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