#EURUSD - 09092024
I was, well, somewhat right about the move for EURUSD on Friday. I was bullish for a move higher, though I said that the PZ would be the level to look for longs with strong level 1.1154 as the price target. NFP came, EURUSD dipped down to first support below PZ instead and rallied all the way to 1.1154 strong level, in which I said is a possible short and the double resistance capped the high as EURUSD sold down to new lows.
Overall, EURUSD was much bearish on daily but still bullish on weekly. Could see another move lower but overall, looking for the week to possibly end higher. Looking at PZ to hold the rallies and a move down to 1.1008 with DXY going up to 101.53 or so, and a long off 1.1008 for a move higher.
Overall, EURUSD was much bearish on daily but still bullish on weekly. Could see another move lower but overall, looking for the week to possibly end higher. Looking at PZ to hold the rallies and a move down to 1.1008 with DXY going up to 101.53 or so, and a long off 1.1008 for a move higher.
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