Yesterday was a small range day as there are no major news. I was looking for a move higher for EURUSD and indeed, market slowly grinded up from open, but just a small range and price closed within the BZ. Overall, the levels still hold.
Today, we have BOJ conference and it could well be the event that might decide the next move for the market. But currently price action is IMO neutral to bullish and trend is up, so looking for further upside. A possible dip to the BZ 1.0880-90 (to clear yesterday's low) but overall looking for a move higher to target above levels, 1.0978 possible today, and 1.1022, 1.1098 mid term.
Today, we have BOJ conference and it could well be the event that might decide the next move for the market. But currently price action is IMO neutral to bullish and trend is up, so looking for further upside. A possible dip to the BZ 1.0880-90 (to clear yesterday's low) but overall looking for a move higher to target above levels, 1.0978 possible today, and 1.1022, 1.1098 mid term.
Note
PZ held the lows as EURUSD rallied over 50pips with no pullbacks. Congrats to all who followed!
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Join me for free on Patreon (patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan. DM me to join my new group to learn all my trading levels and to trade together.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.