Charlie_Trend

PMI index causes EUR price to decrease slightly

Charlie_Trend Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Dear ladies and gentlemen

EUR/USD is trading close to 1.0550, finding support in the vicinity of the weekly low near 1.0520 heading into early Europe on Friday. The pair takes advantage of the broad retreat in the US Dollar and the bond yields, despite a downbeat mood.

We are waiting for a retest of the 1.05600 resistance zone and set up a sell Scalp order to catch a recovery.

Follow me so I can save your life from danger
Trade closed: target reached:
exactly like strategy analysis + 50 pips
Comment:
good luck for your trading
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.