Euro / U.S. Dollar
Short
Updated

USD gradually regains momentum, short-term downtrend

116
🔔🔔🔔 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 💰💰💰
Trade active
Personal plan
Hit + 45 pips from Sell 1.1358
setup successful

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