EURUSD Long Idea
Updated
Hello
As you know, last week, on June 7th, employment sector indicators were published and caused the price sharpie to fall to the area of 1.074.
This week, on June 12, the CPI index and the dollar interest rate will be published.
With all the major economic events going on, I think the price can make a correction to 1.08325, as the price has quickly reached the 1.074 area in a short period of time and could gather potential for a fall. . If the economic news is weaker than the forecast value, it can climb up to 1.090. Also, in terms of technical analysis, I can find a return zone, but the priority is with economic news.
As you know, last week, on June 7th, employment sector indicators were published and caused the price sharpie to fall to the area of 1.074.
This week, on June 12, the CPI index and the dollar interest rate will be published.
With all the major economic events going on, I think the price can make a correction to 1.08325, as the price has quickly reached the 1.074 area in a short period of time and could gather potential for a fall. . If the economic news is weaker than the forecast value, it can climb up to 1.090. Also, in terms of technical analysis, I can find a return zone, but the priority is with economic news.
Trade closed: target reached
It took some time and few pips to reach the goal.It still expects to rise to the level of 1.08750.
There is still important news about the dollar.
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