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Euro / U.S. Dollar

EURUSD bullish.

By TheTrade_Academ
Updated
Closing above EMA20 bullish signal, yesterday confirmed once again, EURUSD closed just above it. Going towards NFP we will see more movement in the EURUSD. Korea Summit brings risk appetite back, dollar weaker.
Note
Price back at 20d EMA. MACD starts signaling to the downside. The support around 20dEMA proves to be strong and below buyers are emerging. Closely watch fundamentals before deciding, still the upside is favored, as price is not significantly deviated from the EMA.
Note
USD falls pre FOMC. Rate hike expected to 1.75%
Beyond Technical AnalysisBullish PatternsEURUSDTechnical IndicatorsnfpTechnical AnalysisTrend AnalysisUSD
TheTrade_Academ
The Trade Academy R&D Team
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