EURUSD > In-Depth Analysis Ahead of NFP Release.
Analysis on #EURUSD
The ECB inching closer and closer to its first rate hike and it's giving the EURUSD a huge boost, currently, the EURUSD is at strong daily resistance where that market fell 355 pips before.
Today we have NFP new and the prediction is very wide, some have a positive number and some with a very big negative number, so keep in mind things might change very rapidly.
>> I am not considering a sell in the face of this massive upside momentum I will like to wait for a retracement toward 1.13600 previous resistance now turned to possible support.
>> if the market breaks and closes above the 1.1480 daily resistance then I will look for a buy as the market will bigger chance of going to 1.1600
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Dear traders, the best "T H A N K Y O U" will be your likes and comments!
Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational
The ECB inching closer and closer to its first rate hike and it's giving the EURUSD a huge boost, currently, the EURUSD is at strong daily resistance where that market fell 355 pips before.
Today we have NFP new and the prediction is very wide, some have a positive number and some with a very big negative number, so keep in mind things might change very rapidly.
>> I am not considering a sell in the face of this massive upside momentum I will like to wait for a retracement toward 1.13600 previous resistance now turned to possible support.
>> if the market breaks and closes above the 1.1480 daily resistance then I will look for a buy as the market will bigger chance of going to 1.1600
________________________________________
Dear traders, the best "T H A N K Y O U" will be your likes and comments!
Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational
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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.
Publications connexes
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.