SirWiggir

EURUSD will bounce at the current area?

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD is moving sideways, but can it break the current consolidation area? Let's check some facts!

Fundamentals:
- ECB Pres. Christine Lagarde assures that they are committed to price stability
- Unemployment has improved
- USD suffers as Powell delivered dovish testimony
- US PMI and NFP data is worse than expected

Technicals:
- The pair completed the H&S pattern, and seems like it is currently holding for a bounce.

My personal TPs are at the chart. What do you think?


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