Hello traders! ‼️ This is my perspective on EURUSD.
Technical analysis: Here I expect bearish price action as we can see that price took all buy stop liquidity. Also, we can see a huge divergence which indicates bearish price action.
Fundamental analysis: As per last week results on NFP & Unemployment we can see a strength of USD which can support our move.Also, we have news events on USD on Wednesday 12th of April, will be released monthly and yearly CPI followed by a FOMC Meeting the same day. As well, on Thursday will be released monthly PPI in USA.
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