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EUR/USD LONG SETUP WAITING NFP

Pembelian
OANDA:EURUSD   Euro / Dollar AS
On EUR/USD, we have a bearish setup with the price approaching the 1.0996 zone, where we encounter a strong resistance/support area supported by a demand zone in the H4 timeframe and a bullish trendline. At this point, the price could potentially rebound, with a possible target at 1.15, considering that the dollar is expected to adopt an extremely restrictive policy in the coming months, while the Eurozone might raise interest rates to at least 5%.

I would appreciate your thoughts on this analysis. Happy trading to all!

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