Trading2ez

EUR/USD likely to fall! TP hit!

Singkat
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FX:EURUSD   Euro / Dolar A.S.
Hey tradomaniacs,

TP quickly hit and now im short.

Technically we see a fakeout and a good chance to short.

Recent PPI shows that its not impressive and priced in to see a lower inflation in the US... Inflation has generally been no topic anymore as peak has been reached.

Now its more the fact that raised rates and upcoming rate-hikes into a recession will cause big problems... I exppect more risk-off!

Market-Depth has shown absorption!
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After overnight moves it looks like we got a v-rev at the resistance.

Might be a good spot to short!
Penafian

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