Euro / U.S. Dollar
Short
Updated

EURUSD - Missed NFP Move?? Get Ready for CPI 🧨

730
Hello Traders,

We are still expecting EUR weakness for the coming week.

SHORT Entry:

- Once we get into 61.8% - 78.6% fibo. Jump down into lower timeframes and search for a break of structure or break of trendline for entry ( Refer to the example below ).

- STOPLOSS: Above NFP high.

- TARGET: Recent lows and -27% fibo

Will keep you updated as price get closer to our area of interest.

As always, trade safe.

Note
EURUSD on 15 min - Break of ascending trendline example

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EURUSD 4H Update

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EURUSD 1H - Expecting positive CPI Data = USD UP= EUR DOWN
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EURUSD 1H
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