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Forex48_TradingAcademy

EUR/USD BEARISH SETUP WAITING NFP

Short
Euro / U.S. Dollar (OANDA:EURUSD)  
Forex48_TradingAcademy  
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Technical Indicators Fundamental Analysis short LONG XAUUSD EURUSD education strategy fvg volumeanalysis
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trendanalysis indicator fundamental short long xauusd eurusd education strategy fvg volumeanalysis
We have a bearish setup on the Euro Dollar, with the price currently located around 1.0945, practically retesting a block that previously acted as support and is now serving as resistance. The objective will be to look for a short entry in the golden square I have highlighted, as that area aligns with the 50-61 Fibonacci levels. However, please be cautious as today we have the NFP (Non-Farm Payrolls) data release. Let me know what you think. Happy trading to everyone from Nicola, the CEO of Forex48 Trading Academy.
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