US DOLLAR TOPPING? 123 BOTTOM NOW ON EUR/USD!

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US DOLLAR TOPPING? 123 BOTTOM NOW ON EUR/USD!Euro/US DollarFX:EURUSDThe25YearTraderBullish- yes all the way look daily close above resistance at 1.1640 and if thats not bullish I don't know what on earth else is! 🤣 I will buy a retracement back to maybe 1.1600 maybe put stop loss below 2 point at 1.1423 Bearish- not right now Stocks are Rallying and Oil looks to be topping if FED comes out later and says that might cut interest rates that would also be bearish dollar. Also US Dollar showing topping pattern while Euro showing bottom. Unless Euro closes below 1.400 then I would become bearish. Commitment of Traders- They are Nuetral which means they could start increasing longs soon. In Feb they had 180,000 long positions and the market rallied 1.2078 so for me you don't want to be a buyer when they are overcrowded long but when there are nuetral it's good time to buy! Good Luck & Always use Risk Management! (Just in we are wrong in our analysis most experts recommend never to risk more than 2% of your account equity on any given trade.) Hope This Helps Your Trading 😃 Clifford RISK DISCLOSURE TRADING IN THE FUTURES AND FOREX MARKET INVOLVES SIGNIFICANT RISK. ALWAYS CONSULT A FINANCIAL ADVISOR AS HIGH RISK ASSET CLASSES MAY NOT BE SUITABLE FOR ALL INVESTORS. THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY ASSETS. ALL IDEAS ARE MADE FOR EDUCATIONAL PURPOSES. PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS. CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING.