EURUSD three potential targets for upcoming NFP
Updated
In my latest EURUSD outlook i perfectly showed bottom of the EURUSD on 1.13000 Weekly and daily support, which was respected perfectly.
In this idea i will give out three potential targets after results of NFP will see the lights of this world.
EURUSD is still in some kind of consolidation on weekly timeframe, but after big hammer weekly candle, it seems more bullish to me and on
its way to possible recovery of EURUSD. Then I more believe that NFP will be negative and then EURUSD will fly higher, but we have to wait
for outcome and more to it, we have to trade carefuly, with money and risk management on point.
Today, we could see slight pullback, which can continue tommorow until the results of NFP.
MY bias: NFP will push price to the 50EMA, there it will find its support and we can see rocket up right after that. Upcoming
week we could potentialy see more bullish movement and finding much more opportunities to trade EU.
Don't forget to be extremely careful if you are gonna trade NFP tommorow. It can be very dangerous especially for beginners, so
use your money and risk management properly. Good luck everybody.
In this idea i will give out three potential targets after results of NFP will see the lights of this world.
EURUSD is still in some kind of consolidation on weekly timeframe, but after big hammer weekly candle, it seems more bullish to me and on
its way to possible recovery of EURUSD. Then I more believe that NFP will be negative and then EURUSD will fly higher, but we have to wait
for outcome and more to it, we have to trade carefuly, with money and risk management on point.
Today, we could see slight pullback, which can continue tommorow until the results of NFP.
MY bias: NFP will push price to the 50EMA, there it will find its support and we can see rocket up right after that. Upcoming
week we could potentialy see more bullish movement and finding much more opportunities to trade EU.
Don't forget to be extremely careful if you are gonna trade NFP tommorow. It can be very dangerous especially for beginners, so
use your money and risk management properly. Good luck everybody.
Note
As expected. EU will rocket up nowNote
Consolidation. Awaiting breaksNote
Approaching our target for shortsTrade closed: target reached
Target hit perfectly. Now im awaiting strong bounce back to the upside. I will make and idea on this. Lets geet another winner.
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