The sentiment index has most people thinking short for the EUR, however, the crowd is usually not correct. The market is really tight right with sellers at around 1.1950 - 1.2000 and buyers in demand at around 1.1850. With the USD looking weak overall and NFP's on Friday, I'm expecting the EUR to take off upwards. Manage your risk. Don't bet the farm and live to trade another day! Be well and thanks for liking (or not!)
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***If you feel like you've learned something and would like to learn even more, please sign up and support me as a patron at my Patreon page located at Patreon.com/SimpleRenkoTrading***
Thank you for your support!
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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.