FX_IDC:EURUSD   Euro / U.S. Dollar
the market is preparing for the news at 10am but I strongly believe it will go up. EU is in strong technical area at the moment. In 4h time frame already we have morning star formation. It is on my down line of the triangle from daily chart and as per my opinion will go back to the bottom line.
I will wait to see what will happen IF brakes my bottom line will go 10% down if come back will go to previous strong support level from monthly time frame.
Comment:
It was a good idea. The market went up and I believe will go to previous major area.
It has to recover and the influence of the bad impact of US dollar will help.

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.