Euro / U.S. Dollar
Updated

EURUSD

103
the setup I will be looking for before the GDP next week
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If however we get this setup I will seek for a buying opportunity as the impulse can be particularly big snapshot USDJPY can fall particularly hard in this scenario
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probable short-term setup snapshot
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If we get that correction, I expect another downmove to exit my trade snapshot
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snapshot still possible up move : low GER inflation / weaker than expected GDP
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This is one reason why I am bullish on the dollar snapshot
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snapshot Another corrective? If yes, there will be another up move afterwards
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This would be a nice setup before Fed meeting snapshot
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