EURUSD: Another Impulsive Move Could Be Coming
Since the end of July, EURUSD has been moving in a well-defined bullish structure, reaching highs and lows.
On the chart, we can see that after each "Corrective Move", EURUSD was followed by a strong "Impulsive Move".
This situation was repeated several times. There is a high possibility that EURUSD will rise further today for the next impulsive move, considering that the market may be anticipating a decline in US inflation data.
Bullish Targets:
1.1560
1.1580
You can find more details on the chart.
Thank you and good luck! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
Since the end of July, EURUSD has been moving in a well-defined bullish structure, reaching highs and lows.
On the chart, we can see that after each "Corrective Move", EURUSD was followed by a strong "Impulsive Move".
This situation was repeated several times. There is a high possibility that EURUSD will rise further today for the next impulsive move, considering that the market may be anticipating a decline in US inflation data.
Bullish Targets:
1.1560
1.1580
You can find more details on the chart.
Thank you and good luck! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
Trade closed: target reached
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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.
✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
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.