eur.usd is leading indicator for oil,
if eur.usd is up expect oil(almost 100%) to catch up with eur.usd and if eur/usd is down expect oil to go down (almost 100%)
last night i was expecting eu to close at 1.3577 and it does closed to the pip,
and if we take 80% which is high probability then target should be between 1.3880 to 1.3920 + we can witness triangle b/o on weekly tf which is extremely bearish for dxy
for now very short term i expect eu to break/kiss 1.3900 level then a correction of 400p/500p
gd lck!
if eur.usd is up expect oil(almost 100%) to catch up with eur.usd and if eur/usd is down expect oil to go down (almost 100%)
last night i was expecting eu to close at 1.3577 and it does closed to the pip,
and if we take 80% which is high probability then target should be between 1.3880 to 1.3920 + we can witness triangle b/o on weekly tf which is extremely bearish for dxy
for now very short term i expect eu to break/kiss 1.3900 level then a correction of 400p/500p
gd lck!