EUR/USD HEADS HIGHER DESPITE( euro negative PMI release)...
August 23/2021
Today fundamental analysis report doesn't correspond to the reaction of the market, instead, the major currency market tends to move in the opposite direction of the fundamental report most especially for the EURUSD pair.
While we could be expecting the market price to have a bearish significance it, however, skyrockets to the upside.
Leaving most newbie traders in a state of confusion. Yet the cause of the positive appearance display by the EURUSD market structure can be found in the failure of price to fall below the support level, hence price rally to the upside.
In general, the volatility nature of the currency is accurately heading upward In which larger bullish candlesticks are engulfing the bears.
The trading recommendation for the EUR/USD can determine whether the price will shoot beyond the resistance level at if so traders should be considering to take profit at
August 23/2021
Today fundamental analysis report doesn't correspond to the reaction of the market, instead, the major currency market tends to move in the opposite direction of the fundamental report most especially for the EURUSD pair.
While we could be expecting the market price to have a bearish significance it, however, skyrockets to the upside.
Leaving most newbie traders in a state of confusion. Yet the cause of the positive appearance display by the EURUSD market structure can be found in the failure of price to fall below the support level, hence price rally to the upside.
In general, the volatility nature of the currency is accurately heading upward In which larger bullish candlesticks are engulfing the bears.
The trading recommendation for the EUR/USD can determine whether the price will shoot beyond the resistance level at if so traders should be considering to take profit at