Euro / U.S. Dollar
Long

PRE-MARKET ANALYSIS: (EUR/USD STAYS IN A POSITIVE TRADING BIAS)

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PRE-MARKET ANALYSIS: (EUR/USD STAYS IN A POSITIVE TRADING BIAS)

September 5/2021

Unlike the last trading week in which the entire major currency market gain a bullish power against the dollar, this present week again will likely be favour by the high impact of buyers present in the market. Thus an increasing momentum of positive price action will be welcome in the EUR/USD pair.

Although the United States of America will be having its labour day public annual holiday event on Monday 6th of September. While you might be wondering about how you should approach the market in this trading session paying careful attention to both the indicator and technical analysis will assist you in making a profitable trading decision.

Technical analysis trading recommendation; the EUR/USD price is set to begin a new mission towards the June 23rd previous highest high. While on the flip side if the price could no longer reach this level a sideway movement will tend to be presented in the overall market condition of the EUR/USD pair

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