TradePlus-Fx|EURUSD: idea for this week
Updated
💬Description: The end of last week turned out to be quite interesting. The main currencies were able to recover against the dollar, although they were expected to fall more deeply on the NFP. However, this recovery is not expected to last long.
At the beginning of the week, no particularly important data is predicted; some more or less important events for the market can only be generated by the geopolitical background. The second half of the week will be quite busy. The consumer price index will be published in a number of countries, with special attention, of course, paid to the USA and Germany.
Based on technical analysis and volume accumulation, the US dollar will most likely continue to grow in the second half of this week. For EURUSD, we can assume a reversal approximately in the area of 1.06167 - 1.06350, where push volume was previously formed. Local lows and their updates (below 1.04500) are considered the target for the fall.
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🚀Thank for your BOOSTS🚀
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At the beginning of the week, no particularly important data is predicted; some more or less important events for the market can only be generated by the geopolitical background. The second half of the week will be quite busy. The consumer price index will be published in a number of countries, with special attention, of course, paid to the USA and Germany.
Based on technical analysis and volume accumulation, the US dollar will most likely continue to grow in the second half of this week. For EURUSD, we can assume a reversal approximately in the area of 1.06167 - 1.06350, where push volume was previously formed. Local lows and their updates (below 1.04500) are considered the target for the fall.
➖➖➖➖➖➖➖
🚀Thank for your BOOSTS🚀
👇Share your views and FOLLOW US👇
Trade active
Trade closed: target reached
Comment
Now one can start looking at shorts again. Wait for the entry point.
Comment
There is new idea for GOLD🚀
Comment
There is new idea for BRENT🚀
Comment
There is new idea for EURUSD🚀
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