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
