InvestMate|EUR/USD ON IMPORTANT LEVEL!
Updated
💶EUR/USD ON IMPORTANT LEVEL!
💶That's like predicting rises on the EUR/USD pair in last week's post which was highlighted by the editors. For which many thanks.
💶The time has again come for a bullish attack on this pair.
💶The US situation regarding the strength of the dollar is slowly being cooled. The last interest rate hike, which took place on 2 November, showed us the return of a dovish attitude when it comes to raising rates. Although Jay Powell's announcements are still hawkish. Looking at the US economic situation and falling inflation for more than 4 months now, I do not see the dollar gaining even more in the future.
💶The weakening of the dollar has already been discounted by the market. Repeatedly not allowing new lows on pairs with the dollar.
💶Looking at the EUR/USD chart, I have to admit that we are at a really very attractive price level, which even provokes a strong upward impulse.
💶We are at a cluster of 2 key levels. 1 is the 0.618 level of the entire upward wave from the bottom. 2 is the range of the largest correction in the entire upward impulse one to one.
💶 This is a really powerful combination that has shown its strength on the chart many times, will it be so this time too?
💶Actually what I expect is a continuation of the uptrend with a range at new highs.
💶I encourage you to watch this pair and pay attention to the important level we are at.
🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
💶That's like predicting rises on the EUR/USD pair in last week's post which was highlighted by the editors. For which many thanks.
💶The time has again come for a bullish attack on this pair.
💶The US situation regarding the strength of the dollar is slowly being cooled. The last interest rate hike, which took place on 2 November, showed us the return of a dovish attitude when it comes to raising rates. Although Jay Powell's announcements are still hawkish. Looking at the US economic situation and falling inflation for more than 4 months now, I do not see the dollar gaining even more in the future.
💶The weakening of the dollar has already been discounted by the market. Repeatedly not allowing new lows on pairs with the dollar.
💶Looking at the EUR/USD chart, I have to admit that we are at a really very attractive price level, which even provokes a strong upward impulse.
💶We are at a cluster of 2 key levels. 1 is the 0.618 level of the entire upward wave from the bottom. 2 is the range of the largest correction in the entire upward impulse one to one.
💶 This is a really powerful combination that has shown its strength on the chart many times, will it be so this time too?
💶Actually what I expect is a continuation of the uptrend with a range at new highs.
💶I encourage you to watch this pair and pay attention to the important level we are at.
🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Comment
WowTrade active
Flies beautifullyComment
Lets go babyComment
I think it's time for some correction
🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫
💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫
💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫🎫
Related publications
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.