EURUSD, just keep short
NFP came and gone, it's neither good nor bad, good job numbers, but bad earnings. Overall it's a slightly better than expected report, which is ultimately USD bullish.
Now the focus is next weeks ECB meeting, and I guess Draghi may over deliver this time instead of over promise and under deliver. So this could be extremely EUR bearish.
Technically, I view the entire rise from 1.0825 level as a wave-2 bounce therefore price will drop to lower level soon.
Now the focus is next weeks ECB meeting, and I guess Draghi may over deliver this time instead of over promise and under deliver. So this could be extremely EUR bearish.
Technically, I view the entire rise from 1.0825 level as a wave-2 bounce therefore price will drop to lower level soon.
Trade active
a bit late to post, I've entered short at 1.1030
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.
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.