Euro / U.S. Dollar
Long
Updated

Strong trend line, continues to rise after Trump news

106
🔔🔔🔔EUR/USD news:

➡️ The EUR/USD exchange rate rose while the U.S. dollar weakened following President Trump's announcement to double import tariffs on st

➡️ Trump stated he would raise the tariffs from 25% to 50% in an effort to protect the U.S. steel industry. The European Commission responded by saying Europe was ready to retaliate against Trump's tariff hike plan on steel and aluminum.

➡️ Additionally, the U.S. dollar was further pressured by escalating tensions between the U.S. and China, after President Trump declared on Friday that China had breached their trade agreement.

Personal opinion:
➡️ EUR/USD will be supported by news and continue to increase in the coming time, the uptrend line is still strong

➡️ Analyze based on support resistance levels and trend lines combined with EMA to come up with a suitable strategy

Personal plan:
🔆Price Zone Setup:

👉Buy EUR/USD 1.1345 - 1.1355
❌SL: 1.1305 | ✅TP: 1.1410

FM wishes you a successful trading day 💰💰💰
Trade active
snapshot
personal plan
Hit + 85 pips from buy 1.1355
setup successful

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