EUR/USD - NFPS to support the breakout?
Hey tradomaniacs,
EUR/USD is now retesting a strong resistance-zone after the breakout and could continue to move down.
Obviously NFPs will be more important than any technical level, but news could support this breakout with positive NFPs as it would put Powell less under pressure to slow down with his current rate-hikes.
What do you think and what will u do?
EUR/USD is now retesting a strong resistance-zone after the breakout and could continue to move down.
Obviously NFPs will be more important than any technical level, but news could support this breakout with positive NFPs as it would put Powell less under pressure to slow down with his current rate-hikes.
What do you think and what will u do?
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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.