InvestMate|EUR/USD ON IMPORTANT LEVEL!
Updated
💶EUR/USD ON IMPORTANT LEVEL!
💶That's like predicting rises on the EUR/USD pair in last week's post which was highlighted by the editors. For which many thanks.
💶The time has again come for a bullish attack on this pair.
💶The US situation regarding the strength of the dollar is slowly being cooled. The last interest rate hike, which took place on 2 November, showed us the return of a dovish attitude when it comes to raising rates. Although Jay Powell's announcements are still hawkish. Looking at the US economic situation and falling inflation for more than 4 months now, I do not see the dollar gaining even more in the future.
💶The weakening of the dollar has already been discounted by the market. Repeatedly not allowing new lows on pairs with the dollar.
💶Looking at the EUR/USD chart, I have to admit that we are at a really very attractive price level, which even provokes a strong upward impulse.
💶We are at a cluster of 2 key levels. 1 is the 0.618 level of the entire upward wave from the bottom. 2 is the range of the largest correction in the entire upward impulse one to one.
💶 This is a really powerful combination that has shown its strength on the chart many times, will it be so this time too?
💶Actually what I expect is a continuation of the uptrend with a range at new highs.
💶I encourage you to watch this pair and pay attention to the important level we are at.
🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
💶That's like predicting rises on the EUR/USD pair in last week's post which was highlighted by the editors. For which many thanks.
💶The time has again come for a bullish attack on this pair.
💶The US situation regarding the strength of the dollar is slowly being cooled. The last interest rate hike, which took place on 2 November, showed us the return of a dovish attitude when it comes to raising rates. Although Jay Powell's announcements are still hawkish. Looking at the US economic situation and falling inflation for more than 4 months now, I do not see the dollar gaining even more in the future.
💶The weakening of the dollar has already been discounted by the market. Repeatedly not allowing new lows on pairs with the dollar.
💶Looking at the EUR/USD chart, I have to admit that we are at a really very attractive price level, which even provokes a strong upward impulse.
💶We are at a cluster of 2 key levels. 1 is the 0.618 level of the entire upward wave from the bottom. 2 is the range of the largest correction in the entire upward impulse one to one.
💶 This is a really powerful combination that has shown its strength on the chart many times, will it be so this time too?
💶Actually what I expect is a continuation of the uptrend with a range at new highs.
💶I encourage you to watch this pair and pay attention to the important level we are at.
🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Note
WowTrade active
Flies beautifullyNote
Lets go babyNote
I think it's time for some correction
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
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