Note

IDEA 15: EUR/USD showtime

· Views 226
IDEA 15: EUR/USD showtime
The 8h uptrend line is still intact. A hanging man candle on the daily chart. I would have more confidence in the long side once it closes above the weekly MA100 at 1.0956. The one aspect of NFP that is worrisome is the decrease in the unemployment rate. And the headline number was not bad. Maybe still enough reason for the FOMC to consider hiking again.

Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

If you like, reward to support.
avatar

Hot

No comment on record. Start new comment.