🔔🔔🔔EUR/USD news:
➡️ The EUR/USD pair extended its decline on Thursday, dropping to 1.1230—its lowest level in several weeks—as demand for the U.S. dollar remained strong. The greenback was bolstered by better-than-expected labor market data, a cautious tone from the Federal Reserve, and renewed optimism surrounding a potential UK-U.S. trade agreement.
Personal opinion:
➡️ In the short term, EUR/USD will continue to be under pressure from the above information, and wait for positive news about the EU-US negotiations so that EUR can create momentum to increase.
➡️ However, EUR/USD is oversold and so we should wait for a technical pullback to sell at a good price
➡️ Analyze based on important resistance - support and Fibonacci levels combined with trend lines to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Sell EUR/USD 1.1250 - 1.1260
❌SL: 1.1300 | ✅TP: 1.1205
FM wishes you a successful trading day 💰💰💰
➡️ The EUR/USD pair extended its decline on Thursday, dropping to 1.1230—its lowest level in several weeks—as demand for the U.S. dollar remained strong. The greenback was bolstered by better-than-expected labor market data, a cautious tone from the Federal Reserve, and renewed optimism surrounding a potential UK-U.S. trade agreement.
Personal opinion:
➡️ In the short term, EUR/USD will continue to be under pressure from the above information, and wait for positive news about the EU-US negotiations so that EUR can create momentum to increase.
➡️ However, EUR/USD is oversold and so we should wait for a technical pullback to sell at a good price
➡️ Analyze based on important resistance - support and Fibonacci levels combined with trend lines to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Sell EUR/USD 1.1250 - 1.1260
❌SL: 1.1300 | ✅TP: 1.1205
FM wishes you a successful trading day 💰💰💰
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
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.