🔔🔔🔔EUR/USD news:
➡️ The EUR/USD pair is struggling to recover, extending its slide below the 1.1350 region during Tuesday’s U.S. session. session. Data from the United States indicates an improvement in consumer sentiment in May, which helped the U.S. Dollar remains resilient against its rivals and limits the pair's upside.
➡️ Although some positive sentiment headlines have emerged, market remains subdued due to former President Donald Trump’s tariffs and tax legislation, which have raised concerns about rising inflation and a growing budget deficit.
Personal opinion:
➡️ The uptrend has not been broken yet, the 1.1300 area is a strong support zone that can attract buyers again. RSI shows signs of convergence, EUR/USD will have an increase at this time
➡️ Analyze based on important support resistance levels and Fibonacci combined with RSI to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Buy EUR/USD 1.1300 – 1.1290
❌SL: 1.1255 | ✅TP: 1.1350
FM wishes you a successful trading day 💰💰💰
➡️ The EUR/USD pair is struggling to recover, extending its slide below the 1.1350 region during Tuesday’s U.S. session. session. Data from the United States indicates an improvement in consumer sentiment in May, which helped the U.S. Dollar remains resilient against its rivals and limits the pair's upside.
➡️ Although some positive sentiment headlines have emerged, market remains subdued due to former President Donald Trump’s tariffs and tax legislation, which have raised concerns about rising inflation and a growing budget deficit.
Personal opinion:
➡️ The uptrend has not been broken yet, the 1.1300 area is a strong support zone that can attract buyers again. RSI shows signs of convergence, EUR/USD will have an increase at this time
➡️ Analyze based on important support resistance levels and Fibonacci combined with RSI to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Buy EUR/USD 1.1300 – 1.1290
❌SL: 1.1255 | ✅TP: 1.1350
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.