Trade_Simple_FX

EURUSD D1 - Correction before LONGS

Long
OANDA:EURUSD   Euro / U.S. Dollar
In the realm of EURUSD, a flurry of Euro-related CPI inflation data is poised to make its entrance in just a matter of minutes. Our focus is keenly set on witnessing a more pronounced rejection of the psychological price point at 1.10, paving the way for a potential support discovery around the 1.08500 mark or even the significant 1.0800 whole number.

As our sights remain steadfast on the unfolding market dynamics, the ultimate goal is to orchestrate a breakthrough past the resilient 1.10 resistance. This strategic move is poised to set the stage for an ambitious ascent towards the coveted yearly high, with our eyes firmly fixed on reaching the pinnacle at 1.25.

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