EURUSD, Ranging in Week 14, lets rise in Week 15.
EURUSD largely contained itself within the range in Week 14. Even though in Week 14, we expected it to drop, which it did, however, it went back up to the range at the end of the week.
Traders who went short would have netted some profit, traders who went long in the middle of the week will be in profit as well. In Week 14, both long and short traders can be profitable.
In the analysis, it shows that the price has gone up to a bullish level 1, and we are expecting the price to continue its movement upwards. The NFP on Friday was not earth-shaking as the price still went back to the range after the initial move.
For Week 15, I will be going in for a long and would be expecting a big bullish move in Week 15.
I hope all traders will continue to have a profitable week. Please like and follow if my analysis helped you!
Traders who went short would have netted some profit, traders who went long in the middle of the week will be in profit as well. In Week 14, both long and short traders can be profitable.
In the analysis, it shows that the price has gone up to a bullish level 1, and we are expecting the price to continue its movement upwards. The NFP on Friday was not earth-shaking as the price still went back to the range after the initial move.
For Week 15, I will be going in for a long and would be expecting a big bullish move in Week 15.
I hope all traders will continue to have a profitable week. Please like and follow if my analysis helped you!
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