EURUSD is trading sideways on 5H (RSI = 49.935, Williams = -51.999, CCI = 9.2834, Highs/Lows = 0), extending the Rectangle (yellow - orange lines), which in turn is delaying the bullish reversal on 1D (still neutral on RSI, STOCH, Highs/Lows, Ultimate Oscillator but gaining bullish momentum on ADX = 22.438, B/BP = 0.0019). We don't expect drastic changes today (July 4th) and instead focus towards Thursday's ADP Nonfarm Employment Change and Friday's Nonfarm Payrolls/ Unemployment Rate as the catalysts that may lead us to at least the first target (TP = 1.17310). TP = 1.1800 is on the medium term horizon.
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Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.