MACRO :
- ECB cut rate last week and eventhough they were quite hawkish about it. I don't believe it can sustain EURUSD at its peak.
- The FED is projected to keep the rate unchanged and the recent NFP number is proving that the labour market is still very strong.
- EURUSD should fall accordingly.
TECHNICAL :
- We are in the LPOS phase of a Wyckoff. Waiting for distribution to enter shorts.
GOOD LUCK
- ECB cut rate last week and eventhough they were quite hawkish about it. I don't believe it can sustain EURUSD at its peak.
- The FED is projected to keep the rate unchanged and the recent NFP number is proving that the labour market is still very strong.
- EURUSD should fall accordingly.
TECHNICAL :
- We are in the LPOS phase of a Wyckoff. Waiting for distribution to enter shorts.
GOOD LUCK
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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.