Mihai_Iacob

Will EurUsd reconquer parity?

Long
FX:EURUSD   Euro / Dollar Américain
Two days ago I wrote that even if the long-term trend remains short, EurUsd may have found a bottom and a correction becomes very likely.
Yesterday, after yet another drop under 0.99, EurUsd has strongly recovered and now is trading slightly under parity.
Considering the lack of power from the bears to clearly break support we can expect a reversal and a daily close above parity would confirm 0.9880 as a bottom (at least for now)
This correction could have 1.03 as the target and 1.01 as interim resistance

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
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.