Hey Traders, in today's trading session we are monitoring EURUSD for a buying opportunity around 1.08700, EURUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.08700 support and resistance area.
we would also like to consider the current easing inflation in the US, the previous soft inflation data may take us to a potential upcoming rate cut and a dovish USD environment which should weaken the dollar over the medium term.
Trade Safe, Joe.
we would also like to consider the current easing inflation in the US, the previous soft inflation data may take us to a potential upcoming rate cut and a dovish USD environment which should weaken the dollar over the medium term.
Trade Safe, Joe.
Note
Perfect breakout above 1.09000Free Telegram Group:
t.me/+MDJZTdS-Mw0xZTA0
The 1% Traders Club:
t.me/+C08gijSq2PMyZTVk
t.me/+MDJZTdS-Mw0xZTA0
The 1% Traders Club:
t.me/+C08gijSq2PMyZTVk
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.
Free Telegram Group:
t.me/+MDJZTdS-Mw0xZTA0
The 1% Traders Club:
t.me/+C08gijSq2PMyZTVk
t.me/+MDJZTdS-Mw0xZTA0
The 1% Traders Club:
t.me/+C08gijSq2PMyZTVk
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.