This week, we have seen the dollar lose its momentum to the upside, thus losing its strength with the other currency pairs. Meanwhile, fears of a potential decline in Eurozone exports due to US President-elect Donald Trump's imposition of hefty tariffs have slightly eased, which could offer more support to the Euro. That being said, I would expect within the coming few days the Bulls to go in and drive the pair around the 1.07000 handle. am expecting the pair to test my fair value price @1.05241 before the bulls take over and drive the market to my expected zones
Take Profit Levels:
Two take-profit (TP) targets are
TP1 at 1.07272.
TP2 at 1.08784.
Take Profit Levels:
Two take-profit (TP) targets are
TP1 at 1.07272.
TP2 at 1.08784.
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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.