Potential head and shoulders build up for EURUSD with the latest sentiment from Trump and is continuation pattern with the tariffs. This Friday earning season kicks off which may soften EURUSD from dropping off a cliff. Also talks of 1.25% cuts from the Fed by year end may add some additional cushion for this pair. For this reason, my downside target remains on the ascending trendline.
Trade Safe - Trade Well
Trade Safe - Trade Well
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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.