EURUSD is showing Bullish route with maximum Support.
Updated
EURUSD is showing Bullish route with maximum Support.
Scotiabank: EUR/USD: Break below 1.0840 to consider a test of 1.0775/1.0800
The short-term decline is intensifying.
Central Bank President Lagarde said that although policymakers require additional proof that inflation is declining, they can begin reducing rate hikes in June if data results are consistent with current projections. After then, the ECB would continue to rely on data and would not make any policy decisions in advance.
Although the daily DMI research is now neutral, the short-term downturn is gaining strength.
A test of 1.0775/1.0800 becomes (easily) relevant at a break below 1.0840.
💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰
COMMENT, FOLLOW and SUPPORT.
💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰
Scotiabank: EUR/USD: Break below 1.0840 to consider a test of 1.0775/1.0800
The short-term decline is intensifying.
Central Bank President Lagarde said that although policymakers require additional proof that inflation is declining, they can begin reducing rate hikes in June if data results are consistent with current projections. After then, the ECB would continue to rely on data and would not make any policy decisions in advance.
Although the daily DMI research is now neutral, the short-term downturn is gaining strength.
A test of 1.0775/1.0800 becomes (easily) relevant at a break below 1.0840.
💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰
COMMENT, FOLLOW and SUPPORT.
💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰
Trade closed: target reached
After the Fed-inspired rise on Wednesday, EUR/USD continued its downward reversal below 1.0900. The Euro finds it challenging to hold onto its momentum and limit the pair's upside before US data. This is due to mixed PMI data from Germany and the Euro region.Trade closed: target reached
Trade closed: target reached
☑️ JOIN NOW t.me/iforexco
✅FREE FREE FREE XAUUSD/BTCUSD SIGNALS ALWAYS FREEEEE.
✅JOIN MY TELEGRAM FAST:❤️
☑️ JOIN NOW t.me/iforexco
✅BEST BROKER LINK: (EXNESS)
one.exnesstrack.net/a/zzz57mij30
✅FREE FREE FREE XAUUSD/BTCUSD SIGNALS ALWAYS FREEEEE.
✅JOIN MY TELEGRAM FAST:❤️
☑️ JOIN NOW t.me/iforexco
✅BEST BROKER LINK: (EXNESS)
one.exnesstrack.net/a/zzz57mij30
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.