EURUSD short - Trend Line, Supply Demand, Daily Close

2020-03-03 15:39:24

Hello Traders !

Chart Analysis:
Like we can see on the Charts the price is right now at the top of the Trend Line and also there we can identify a nice daily Supply Level. From here I expect the price to go down. But Remember that the price will move in waves and not in straight lines. This is why I marked some Demand Zones on the Charts. These are Zone who could push the price again higher.

DXY:
Also due to the DXY we can expect the EURUSD to drop. Check out my DXY Analysis to see what I mean.
If the DXY will go up then EURUSD will drop - quick info by the way.

That was my Idea and I hope you did like it. Please leave a LIKE if you like my Content that I share with you. In the comment section you can tell my your view and ask questions.

Thank you and we will see next time
- Darius.