EURUSD - Into the german elections, fed hike, balance reduc.
DXY fundemantal is strong (LOW-LOW)
EURUSD Weekly -
RSI overbought zone.
Weekly RSI expected to return 50ish.
We are moving into german elections,
DXY swing will take us 99ish,
While EURUSD will move down, probably 1.10s. Until 24th September 2017
1.21 can be the target for the second fight (where DXY reversal begins in October 2017 back to test EMA50/EMA200 trendline , 95-90 Zone.
EURUSD Weekly -
RSI overbought zone.
Weekly RSI expected to return 50ish.
We are moving into german elections,
DXY swing will take us 99ish,
While EURUSD will move down, probably 1.10s. Until 24th September 2017
1.21 can be the target for the second fight (where DXY reversal begins in October 2017 back to test EMA50/EMA200 trendline , 95-90 Zone.