This week, we anticipate significant news impacting the USD.
These announcements will determine the direction for all major currency pairs.
On Wednesday, interest rates will be published, followed by the NFP report on Friday.
EURUSD continues to trade sideways, seemingly waiting for these events to set a direction.
The trend remains bullish on the H4 timeframe, and there could be an opportunity to go long if it bounces.
However, we might see it reaching lower levels first.
The next major support is at 1.0775.
These announcements will determine the direction for all major currency pairs.
On Wednesday, interest rates will be published, followed by the NFP report on Friday.
EURUSD continues to trade sideways, seemingly waiting for these events to set a direction.
The trend remains bullish on the H4 timeframe, and there could be an opportunity to go long if it bounces.
However, we might see it reaching lower levels first.
The next major support is at 1.0775.
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✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.