🔔🔔🔔EUR/USD news:
👉The EUR/USD pair rebounds from the 1.0900 level during the European session on Tuesday. Market optimism surrounding the German vote on the fiscal plan and discussions between Trump and Putin counterbalance rising tensions in the Middle East and global trade, leading to a weaker US Dollar and supporting the currency pair.
👉While the Euro (EUR) faces pressure from additional tariffs imposed by US President Donald Trump on European Union goods, the US Dollar (USD) remains under pressure due to growing concerns over an economic slowdown in the United States. Additionally, hopes for a German fiscal agreement may help limit the pair’s downside.
Personal opinion:
👉The daily momentum is bullish but shows signs of slowing while the RSI shows signs of falling from overbought conditions.
👉In addition, the DXY entered oversold territory and slowed at support, so a rebound for the DXY is likely.
👉However, EUR/USD main trend today will be uptrend, watch for price to decrease to buy at a good price for you
Analysis:
👉Based on important resistance - support levels and Fibonacci combined with EMA to come up with a suitable strategy
Plan:
🔆Price Zone Setup:
👉Buy EUR/USD 1.0925 - 1.0910
❌SL: 1.0890 | ✅TP: 1.0960 - 1.1010 - 1.1050
FM wishes you a successful trading day 💰💰💰