hello dear traders and welcome to growing Forex
A nice spike yesterday for EURUSD moved the price out of bearish pressure & its heading north. Moreover I'm not neutral its just that i,v started betting on the euro from yesterday's speech of Mr.Mario Draghi. He said that there no change in our policy & are trying to increase the asset purchasing to 74 billions approx. Due to this the investors changed their mind & started investing in Euro. As of now the price is headed north around 1.0640 - 1.0660 levels. Most probably these are the reversal zone for a short term correction.
Thing to follow today are NFP that can change the outcome.
Good-luck,
Regards,
Growing Forex.
A nice spike yesterday for EURUSD moved the price out of bearish pressure & its heading north. Moreover I'm not neutral its just that i,v started betting on the euro from yesterday's speech of Mr.Mario Draghi. He said that there no change in our policy & are trying to increase the asset purchasing to 74 billions approx. Due to this the investors changed their mind & started investing in Euro. As of now the price is headed north around 1.0640 - 1.0660 levels. Most probably these are the reversal zone for a short term correction.
Thing to follow today are NFP that can change the outcome.
Good-luck,
Regards,
Growing Forex.
Comment:
target achieved