InvestingScope

EURUSD: Breaking one Resistance after the other

לונג
FX_IDC:EURUSD   יורו / דולר אמריקאי
New High today, 4th straight green 1D candle and EURUSD is only a few points away from hitting the 1.06180 (June 27th High) Resistance. If it breaks it, we will take another buy and target the 1.0787 (May 30th High) Resistance as the 1D technicals remain strong (RSI: 69.918, MACD: 0.014, ADX: 43.547). As far as Friday's NFP is concerned, it happened exactly as planned, the higher than expected number caused a sell-off initially as the market translated it as a sign that a growing U.S. economy might make the Fed soften the hikes by a lesser extend to what Powell mentioned earlier this week. However, this is a positive reading on the long-term. This bullish trend will be invalidated if the price breaks below 1.03200, in which case we will sell and target the 4H MA200 (currently at 1.01426 and rising).

Telegram: t.me/investingscope
www.investingscope.com

Over 65% accuracy on Private Signals Channel.

Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.

Free Channel: t.me/investingscopeofficial
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.