#EURUSD
- Currently the MARKET SENTIMENT for EUR is slightly UP SIDE. The main reason for that is that the dollar is starting to weaken quite a bit. As of today, due to MARKET RISK being ON, all MARKETS including STOCKS and COMMODITIES are going up a bit. If more rate hikes happen, it will definitely affect the US dollar in a big way to strengthen it.
- Definitely according to the MARKET STRUCTURE EURUSD can go up to the high RESISTANCE LEVEL. At the moment, there is a slightly UP SIDE BIAS in the MARKET for EUR. According to that, EURUSD can go up to 1.0080 LEVEL. And after that, if the MAIN CHANNEL is BREAKED, the EURUSD PRICE can go down to the 0.9541 LEVEL, if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. So keep an eye on it.
- Currently the MARKET SENTIMENT for EUR is slightly UP SIDE. The main reason for that is that the dollar is starting to weaken quite a bit. As of today, due to MARKET RISK being ON, all MARKETS including STOCKS and COMMODITIES are going up a bit. If more rate hikes happen, it will definitely affect the US dollar in a big way to strengthen it.
- Definitely according to the MARKET STRUCTURE EURUSD can go up to the high RESISTANCE LEVEL. At the moment, there is a slightly UP SIDE BIAS in the MARKET for EUR. According to that, EURUSD can go up to 1.0080 LEVEL. And after that, if the MAIN CHANNEL is BREAKED, the EURUSD PRICE can go down to the 0.9541 LEVEL, if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. So keep an eye on it.