EURUSD: Easing Inflation And Potential Upsides
Updated
Hey Traders, in today's trading session we are monitoring EURUSD for a buying opportunity around 1.08700, EURUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.08700 support and resistance area.
we would also like to consider the current easing inflation in the US, the previous soft inflation data may take us to a potential upcoming rate cut and a dovish USD environment which should weaken the dollar over the medium term.
Trade Safe, Joe.
we would also like to consider the current easing inflation in the US, the previous soft inflation data may take us to a potential upcoming rate cut and a dovish USD environment which should weaken the dollar over the medium term.
Trade Safe, Joe.
Trade active
Simple technical analysis is paying off, that's why you should consider keeping it simple in technicals and use good fundamentals.
what a sniper entry
Note
Perfect breakout above 1.09000
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