Greetings, traders! It's important to note that we're still witnessing divergences between EUR/USD and the Dollar Index. This discrepancy should serve as a cautionary signal when considering trade ideas.
Our focus is currently on the 105.9 level, which corresponds to the weekly point of control. We're keenly observing this level to see if it triggers a downward reaction in the market. However, the situation remains dynamic, and there's potential for further market developments that could take us even higher.
In these uncertain times, our aim is to provide you with peace of mind as you navigate the markets. Keep a close eye on the unfolding situation, and have a great trading day!
Our focus is currently on the 105.9 level, which corresponds to the weekly point of control. We're keenly observing this level to see if it triggers a downward reaction in the market. However, the situation remains dynamic, and there's potential for further market developments that could take us even higher.
In these uncertain times, our aim is to provide you with peace of mind as you navigate the markets. Keep a close eye on the unfolding situation, and have a great trading day!
Daniel P. Fadejev