EUR/USD: Navigating Trend Transitions with Caution
Hello Everyone,
The EUR/USD appears to be gaining momentum, with the weekly pivot point (PP) serving as a support level, along with the daily PP. To validate further upward movement, it's crucial to maintain a consistent position above the daily PP. However, it's important to exercise caution, as transitions in trends can be turbulent. Hence, it's recommended to adjust expectations downward during this period.
TradeWithTheTrend3344
The EUR/USD appears to be gaining momentum, with the weekly pivot point (PP) serving as a support level, along with the daily PP. To validate further upward movement, it's crucial to maintain a consistent position above the daily PP. However, it's important to exercise caution, as transitions in trends can be turbulent. Hence, it's recommended to adjust expectations downward during this period.
TradeWithTheTrend3344