EURUSD will bounce at the current area?
EURUSD is moving sideways, but can it break the current consolidation area? Let's check some facts!
Fundamentals:
- ECB Pres. Christine Lagarde assures that they are committed to price stability
- Unemployment has improved
- USD suffers as Powell delivered dovish testimony
- US PMI and NFP data is worse than expected
Technicals:
- The pair completed the H&S pattern, and seems like it is currently holding for a bounce.
My personal TPs are at the chart. What do you think?
Fundamentals:
- ECB Pres. Christine Lagarde assures that they are committed to price stability
- Unemployment has improved
- USD suffers as Powell delivered dovish testimony
- US PMI and NFP data is worse than expected
Technicals:
- The pair completed the H&S pattern, and seems like it is currently holding for a bounce.
My personal TPs are at the chart. What do you think?
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