ShrewdCatfx

Eurusd Bearish momentum? NFP week ♠️

Short
ShrewdCatfx Updated   
FX:EURUSD   Euro / U.S. Dollar
A new week ahead with NFp economic data to wrap things up so excited for whats to come.
0:0 Monthly timeframe
2:40 Weekly timeframe
5:47 Daily timeframe
8:20 4Hr timeframe

We can observe the bearish pressure on Eu across the past 3-4 weeks and the start of the new year 2024. The bearish momentum began with the weekly engulfing candle of the first week of the year.
Comment:
upon publishing analysis yesterday price was at 1.0843.
Our Short idea played out nicely and may continue towards our weekly and daily level 1.07588.
Comment:
1hr chart
Trade closed: target reached
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