EURUSD is still above 1,06 but there is no change in expected move.
Movements in commodity currencies are definitely better and we expect them to continue.
This morning we saw monetary policy tightening by the BOJ and that caused major volatility.
The first target on EURUSD remains unchanged- at 1,058. Breakout of the previous lows will confirm the reversal of the trend.
Movements in commodity currencies are definitely better and we expect them to continue.
This morning we saw monetary policy tightening by the BOJ and that caused major volatility.
The first target on EURUSD remains unchanged- at 1,058. Breakout of the previous lows will confirm the reversal of the trend.
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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
Related publications
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.