The EUR/USD pullback is an opportunity for bulls
German GDP stagnated, while EU GDP data confirmed a slowdown in growth; in the case of weak growth prospects, EUR/USD fell due to high US inflation data, but the upward trend is still there; the German DAX index jumped high, but fell sharply due to pessimistic fundamental data.
After the release of the German data, EUR/USD immediately fell; however, after the release of the eurozone GDP data, EUR/USD was consolidated.
The long-term upward trend is still bullish, because the current price is still in the upward channel.In fact, such a pullback will be welcomed by EUR/USD bulls, who expect a pullback before considering continuing to be bullish.
Operationally, the support level in the picture is not broken, consider buying
If you are a novice, have no direct judgment, and can't keep up with the rhythm, join the free channel below and we will help you
After the release of the German data, EUR/USD immediately fell; however, after the release of the eurozone GDP data, EUR/USD was consolidated.
The long-term upward trend is still bullish, because the current price is still in the upward channel.In fact, such a pullback will be welcomed by EUR/USD bulls, who expect a pullback before considering continuing to be bullish.
Operationally, the support level in the picture is not broken, consider buying
If you are a novice, have no direct judgment, and can't keep up with the rhythm, join the free channel below and we will help you
Trade ativo
Bullish, pull up sharply, get more profitsTrade ativo
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Trade fechado: objetivo atingido
After the pull-up, there was a decline, and the overall goal was reached.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.