🔔🔔🔔 EUR/USD news:
➡️Previously, a U.S. federal appeals court temporarily halted a ruling by a separate trade court and reinstated former President Donald Trump’s comprehensive trade tariffs late Thursday. This move added further uncertainty to the markets and reignited demand for traditional safe-haven assets.
➡️ The EUR/USD pair is struggling to build on the strong rebound seen the previous day from around the 1.1200 level — its lowest point in a week and a half — and is trading with a slight bearish bias during Friday’s Asian session.
Personal opinion:
➡️ USD is gradually recovering from yesterday's loss, EUR/USD's bullish momentum is gradually weakening after entering the overbought level. Therefore, the downtrend for this pair will be maintained
➡️ Analyze based on support resistance levels and RSI combined with EMA to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Sell EUR/USD 1.1350 - 1.1360
❌SL: 1.1400 | ✅TP: 1.1300 – 1.1250
FM wishes you a successful trading day 💰💰💰
➡️Previously, a U.S. federal appeals court temporarily halted a ruling by a separate trade court and reinstated former President Donald Trump’s comprehensive trade tariffs late Thursday. This move added further uncertainty to the markets and reignited demand for traditional safe-haven assets.
➡️ The EUR/USD pair is struggling to build on the strong rebound seen the previous day from around the 1.1200 level — its lowest point in a week and a half — and is trading with a slight bearish bias during Friday’s Asian session.
Personal opinion:
➡️ USD is gradually recovering from yesterday's loss, EUR/USD's bullish momentum is gradually weakening after entering the overbought level. Therefore, the downtrend for this pair will be maintained
➡️ Analyze based on support resistance levels and RSI combined with EMA to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Sell EUR/USD 1.1350 - 1.1360
❌SL: 1.1400 | ✅TP: 1.1300 – 1.1250
FM wishes you a successful trading day 💰💰💰
Trade active
Personal planHit + 45 pips from Sell 1.1358
setup successful
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
Related publications
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.