Fantastic trade so far reached the target 4 - Follow up analysis
Please click the link in the "red circle" to see the previous analysis.
It has been a great trade so far, has reached the "Target 4". Currently, based on the price action, I reckon EUR will retest the trendline.
The continuation of the rally will depend on the upcoming data. Will the data give bulls a catalyst to reach my final target? Time will tell.
Catalyst:
- EU Economic Summit
- EU Main Refinancing Rate
- EU Monetary Policy Statement
- ECB Press Conference
- US CPI
- US Unemployment Claims
- Euro Summit
- US PPI
- Covid-19 Vaccine news
It has been a great trade so far, has reached the "Target 4". Currently, based on the price action, I reckon EUR will retest the trendline.
The continuation of the rally will depend on the upcoming data. Will the data give bulls a catalyst to reach my final target? Time will tell.
Catalyst:
- EU Economic Summit
- EU Main Refinancing Rate
- EU Monetary Policy Statement
- ECB Press Conference
- US CPI
- US Unemployment Claims
- Euro Summit
- US PPI
- Covid-19 Vaccine news
Upgrade Your Trading Station with Gold Cartel
Related publications
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.