Hey tradomaniacs,
looking at EUR/USD I could imagine to see another move up now right at the current support-zone.
Previous momentum has not been able to break the support, and much effort plus narrow spread are showing a possible reversal.
Additionally we see much volume in the market-depth with aggressive buyers who are currently collecting contracts.
Still, fundamentals and the inflation-topic is the number 1 driver currently! So watch out!
looking at EUR/USD I could imagine to see another move up now right at the current support-zone.
Previous momentum has not been able to break the support, and much effort plus narrow spread are showing a possible reversal.
Additionally we see much volume in the market-depth with aggressive buyers who are currently collecting contracts.
Still, fundamentals and the inflation-topic is the number 1 driver currently! So watch out!
Note
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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.
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.