mrjones2020

EURUSD didn't get the memo...

Long
OANDA:EURUSD   Euro / U.S. Dollar
Perhaps "this time IS different".... as Global macro seems irrelevant to markets. EURUSD has been pumping this week, even though EUROPE is apparently in a recession, as per the recent GDP numbers.

So long as Bulls can hold above the 4hr cloud/forecast lines, up is the name of the game, and 1.09 looks like the next "logical" target.

As always, good luck, have fun, and practice solid risk management.

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.