Hello traders , New month , new opportunities . Today I'm sharing my point of view concerning
EURUSD
. This is not a financial advise , this is just my point of view and in any case should be used as an vehicle of investment . comment your point of view , please do like, comment & follow for more content .
Technically
Ay you can see EURUSD Is testing those 2017 lows . This area is in confluence with that massive demand level . By other side DXY IS sitting in a massive Supply zone by negative correlation if that area act , or any catalyst fundamental reason push DXY to correct , EURUSD CAN REVERSE.
As you know bottom fishing is an specific way of gambling , we must wait proper confirmation before even taking any kind of action , also because it might take time . just keep in mind that everything is possible and due to the fact that right now EURUSD IS cheap , it's a good deal to buy , not to sell
Fundamental
EUR BULLISH
Technically
Ay you can see EURUSD Is testing those 2017 lows . This area is in confluence with that massive demand level . By other side DXY IS sitting in a massive Supply zone by negative correlation if that area act , or any catalyst fundamental reason push DXY to correct , EURUSD CAN REVERSE.
As you know bottom fishing is an specific way of gambling , we must wait proper confirmation before even taking any kind of action , also because it might take time . just keep in mind that everything is possible and due to the fact that right now EURUSD IS cheap , it's a good deal to buy , not to sell
Fundamental
EUR BULLISH
- ECB hawks are waking up
- Energy emergency program could drive more flows to Europe
- The only way is up for rates
- The most important takeaway from ECB is its optimism
- The Fed is more dovish than the ECB
- The vibrant and robust economy may be in Europe
- German Bunds set to head higher
- ECB opens the door to squeezing bond buys if conditions improve
- Lagarde calls that the downside risks are "less pronounced"
- Lagarde's mentions of the exchange rate remain muted
- ECB extends PEPP through March 2022
- Strong demand for EU’s first social bonds
- ECB throws off dovish tone
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OTHERS
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If you want to learn our strategy:
🟡 www.airforexone.com/ebookv5
If you want to join our vip discord:
🟡 www.airforexone.com/vipmembership
OTHERS
🟡 linktr.ee/airforexone