🔔🔔🔔EUR/USD news:
➡️EUR/USD is under strong downward pressure and traded at a one-month low below 1.1100 during the European session on Monday. The US and China reached a 90-day truce and significantly reduced tariffs, boosting the US dollar.
Personal opinion:
➡️ Today's economic calendar will not have any high-level data released. Therefore, limit bets on a reversal in the USD's direction. Therefore, in the short term, the downtrend is still dominant
➡️ Analysis based on important resistance - support and Fibonacci levels combined with RSI to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Buy EUR/USD 1.1130 - 1.1140
❌SL: 1.1180| ✅TP: 1.0985
FM wishes you a successful trading day!
➡️EUR/USD is under strong downward pressure and traded at a one-month low below 1.1100 during the European session on Monday. The US and China reached a 90-day truce and significantly reduced tariffs, boosting the US dollar.
Personal opinion:
➡️ Today's economic calendar will not have any high-level data released. Therefore, limit bets on a reversal in the USD's direction. Therefore, in the short term, the downtrend is still dominant
➡️ Analysis based on important resistance - support and Fibonacci levels combined with RSI to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Buy EUR/USD 1.1130 - 1.1140
❌SL: 1.1180| ✅TP: 1.0985
FM wishes you a successful trading day!
Trade active
Personal plan:
Hit + 70 pips from sell EUR/USD 1.1137
Great
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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.