BUY EURUSD now zone 1.08300-1.08100 ↠ Stoploss 1.07900
→ Take Profit 1 1.08600 → Take Profit 2 1.09300
EURUSD pair price is at the upper boundary of the price range. After some CPI data released, the pair has a tendency to break the resistance level and close the m30 candle above the trendline resistance area. The pair is still creating Dow to break out of the price range and form a short-term uptrend.
Note
+ 20 pips for plaan BUY
Trade closed: target reached
EUR/USD cycles familiar levels as NFP jobs dump looms ahead EUR/USD churned near key technical levels on Wednesday after the Federal Reserve held rates steady for one last meeting as markets had broadly anticipated. The slow race to September’s Fed rate call kicks off on Friday with the latest print of US Nonfarm Payrolls for July.
Trade closed: target reached
Note
EUR/USD falls below key technical levels with US NFP in the barrel EUR/USD lost a foothold above key technical levels on Thursday, slumping below the 1.0800 handle after a miss in US Purchasing Managers Index figures sparked fresh fears of worsening economic data signaling the possibility of a hard landing scenario in the US economy.
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