Continuation trade:
👉🏻 EURUSD broke out of an ending diagonal with the help of last week's NFP, we could see some corrective movement first before further upside potential.
Commentaire:
Weekly Update EURUSD
Price tagged the 38.2% retracement level from the highs of 1.19090. Maybe this corrective move has not been completed yet, PPI data later will provide some clearer direction to EURUSD.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Price tagged the 38.2% retracement level from the highs of 1.19090. Maybe this corrective move has not been completed yet, PPI data later will provide some clearer direction to EURUSD.