Hello traders, on account of US Dollar demand across the board due to news about the escalating Iran-Israel conflict, EUR/USD fell quite rapidly during the Asian Trading session on Friday.
However, I saw the dip as a buying opportunity believing a market recovery is on the cards. Besides, the 1.06 level remained unbroken too. I bought EUR/USD@1.0615 with my initial target at 1.0730 level.
However, I saw the dip as a buying opportunity believing a market recovery is on the cards. Besides, the 1.06 level remained unbroken too. I bought EUR/USD@1.0615 with my initial target at 1.0730 level.
Note
Price continues to go up, great recovery, already 50 pips up from the lowsNote
EURUSD reaches 1.0670. Good recovery
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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.