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Analysis on #EURUSD
the EURUSD seems interesting at this level after last week's NFP report, which was good for the dollar as the market expects we will see an interest rate hike in 2021.
this week we have the inflation report, if we get strong numbers this will confirm the trades thesis and the dollar will rally strong.
however, looking at the chart I see the market trying to preserve the support level also trendline support, would I trade on Monday, surely not.
I am waiting for the market to show me first that readers are interested in this level, need to see confirmation first on the lower time frame.
let me be clear friends, I am just watching and I don't see any reason to get involved just yet
Check today analysis below⠀
>>“ You can be free. You can live and work anywhere in the world. And you can be independent from routine and not answer to anybody."
Analysis on #EURUSD
the EURUSD seems interesting at this level after last week's NFP report, which was good for the dollar as the market expects we will see an interest rate hike in 2021.
this week we have the inflation report, if we get strong numbers this will confirm the trades thesis and the dollar will rally strong.
however, looking at the chart I see the market trying to preserve the support level also trendline support, would I trade on Monday, surely not.
I am waiting for the market to show me first that readers are interested in this level, need to see confirmation first on the lower time frame.
let me be clear friends, I am just watching and I don't see any reason to get involved just yet
Check today analysis below⠀
>>“ You can be free. You can live and work anywhere in the world. And you can be independent from routine and not answer to anybody."
