Buy signal, yesterday's daily candle, target 1.106
Hello traders, we have a valid buy signal now on EU.
The daily candle from yesterday formed a bullish hammer, we have a break of the upper trendline AND we reached 1.10 which showed bullish movements afterwards.
First target will be 1.106
Today's FOMC should push Dollar down. Normally, if they keep rates unchanged or if they lower the rates, Dollar should push down -> EU goes up.
The daily candle from yesterday formed a bullish hammer, we have a break of the upper trendline AND we reached 1.10 which showed bullish movements afterwards.
First target will be 1.106
Today's FOMC should push Dollar down. Normally, if they keep rates unchanged or if they lower the rates, Dollar should push down -> EU goes up.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.