TradingView
ForexTrendline
Jul 1, 2020 5:04 AM

Calm before the storm! | EURUSD Long

EURO / U.S. DOLLARICE

Description

Hello, at the moment on most charts we see the same thing - sideways movement with lower peaks and higher bottoms.

This means that soon something will happen and we will see a breakthrough that will give us a clear direction of trades.

This can be done today with FOMC Minutes or tomorrow with Nonfarm Payrolls (Jun) or with one Tweet.

It is important to have clear movement, and it will inevitably appear.

Our expectation, as we have said many times, is that we will see a weak USD. This means looking for an increase in EURUSD to levels:
1.1416
1.1494
1.1568
1.1679

It may take time, but we expect the specified values to be reached.
Comments
altamar83306
Possible movement to the downside
raazz1979
We see !
Dave-FX-Hunter
Very nice trade analysis, look at my indicators I share in the script, thanks
hristodela
Thanks, should break to the upside but we still have to wait for confirmation. Good luck
mitaka_dga
Nice
emil_georgie
Good analyses, thanks!
mira_liza
Thanks!Good luck !
YordanNikolov
Thanks
YoUrHeDgeHog
😬
More