Eurusd Bearish momentum? NFP week ♠️
Updated
A new week ahead with NFp economic data to wrap things up so excited for whats to come.
0:0 Monthly timeframe
2:40 Weekly timeframe
5:47 Daily timeframe
8:20 4Hr timeframe
We can observe the bearish pressure on Eu across the past 3-4 weeks and the start of the new year 2024. The bearish momentum began with the weekly engulfing candle of the first week of the year.
0:0 Monthly timeframe
2:40 Weekly timeframe
5:47 Daily timeframe
8:20 4Hr timeframe
We can observe the bearish pressure on Eu across the past 3-4 weeks and the start of the new year 2024. The bearish momentum began with the weekly engulfing candle of the first week of the year.
Note
upon publishing analysis yesterday price was at 1.0843.
Our Short idea played out nicely and may continue towards our weekly and daily level 1.07588.
Note
1hr chart Trade closed: target reached
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