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KlejdiCuni
Feb 7, 2023 11:00 AM

🚨EURUSD: A Correction is Possible Before The Next Price Move Short

EUR/USDOANDA

Description

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🚨EURUSD: A Correction is Possible Before The Next Price Move

After the FOMC the price went up a few pips but didn't go up
a lot. The FOMC was in line with what was expected.

Also from the ECB during the next day, we did not see anything special and the price was almost flat during this day.

The third day after the US released very good data related to NFP (514K) the USD showed its strength.

The U.S showed again that the economy is performing very well even in its current position.

However, despite all this good news, the price should take a pause first.

I am waiting for any correction before the next bullish bearish move.

Thanks and good luck!
Comments
mhammadullah
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what's your take now on eurusd?
WrightWayInvestments
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Nice view, I agree!
KlejdiCuni
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TheCryptagon
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Great overview of this asset. Find ours below:
ProjectSyndicate
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seems logical see what's next
TheTradersAvenue
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Great! keep up the good work.
Gold-Tech
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Good look at the market. Competent analysis.
Serana2324
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I agree with your technical outlook!
JoeChampion
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Excellent insight Klejdi!
HAMED_AZ
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Amazing
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