FX-SPOT

EUR/USD Upcoming Week Will Be Important For This Pair!!!

Long
FX:EURUSD   Euro / U.S. Dollar
Hi traders hope you’re all doing well, pay close attention to the EUR this upcoming week!!! We are currently heading down to a major support area a bounce could be possible, and as you can see we have a nice bullish pattern on the daily time frame.First target to the upside will be 1.097 , we are looking the reversals at 1.093-1.088 level.Our catalysts will be ECB President Lagarde Speaks I’m predicting a more hawkish outcome for the Euro ,The European Central Bank signalled on Friday 7 June 2019 that the won’t raise interest rates until at least mid 2020 .Strong possibility that the Central Bank will raise Interest rates resulting in a positive euro.

Good luck Everyone!!!!

Please support the idea with a like and follow if you find this analysis helpful

Thanks!!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.