Since the drop under parity and the low made on 22 August, EurUsd tried to reconquer parity and failed on 5 occasions, the last one being last week WITH even with a worse than expected NFP, the pair couldn't stay above.
This is a clear indication to me of the weakness of Eur and the high probability of down continuation.
Technically we have a large band of resistance above parity which expends to 1.01 and rallies against this zone should be sold.
My target remains 0.97.
Best regards
Mihai Iacob
This is a clear indication to me of the weakness of Eur and the high probability of down continuation.
Technically we have a large band of resistance above parity which expends to 1.01 and rallies against this zone should be sold.
My target remains 0.97.
Best regards
Mihai Iacob
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.