ridethepig

ridethepig | EUR Market Commentary 2020.03.26

ridethepig 업데이트됨   
FOREXCOM:EURUSD   유로 / 미국 달러
Eyes on EURUSD this morning as we enter into M and Q end rebalancing to put the 🍒 on top (as if there is not already enough in play). A healthy pullback towards 1.097x is enough to draw sellers back in and makes me lean towards playing another leg towards the downside with next 🔑 support located at 1.05xx handle lows.

There will be fresh supply at current levels as no one wants to hold risk into month end - fear remains prevalent across the globe and on a humanist level sentiment remains awful. On a slightly more positive note, once these dark clouds clear (still on track for early April) then the path is paved for a massive rebound in risk assets. Remaining as nimble as possible is the pragmatic approach.

The idea is no less imaginative than that of the recently posted GBPUSD:


Thanks as usual for all those keeping the support coming with likes, comments and etc! Jump into the comments with any questions and charts.
액티브 트레이드
거래청산: 타겟 닿음

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.