Karina_Bella

EURUSD : BUY or SELL ?

Karina_Bella Updated   
FX:EURUSD   Euro / U.S. Dollar
Hello EURUSD traders, how do you feel about EURUSD going forward?

-About the trend for this currency pair: currently EURUSD does not have many major fluctuations and is quite stable around 1.093. This is confirmed when the Bollinger Band indicator is narrowing to prepare for the next breakthrough move.

-Talking about the breakout: EURUSD is limited below the 1.096 resistance level and receiving support from the 1.090 level. The market is now focusing on the latest consumer inflation figures from the United States (US) on Thursday for some meaningful directional momentum.

After the news is announced, this pair will be able to make a breakout with two cases as mentioned: increase when breaking resistance and decrease when bears break support.

Regarding Karina's opinion, I'm waiting for EURUSD to decrease, what about you? Leave your comments below in the comments!
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