EURUSD 4H (CPI will decide ...)
EURUSD
OUTLOOK
The euro rose in the European market on Thursday against a basket of global currencies, to extend its gains for the second day in a row against the US dollar, amid strong expectations about the European Central Bank and the Federal Reserve stopping raising interest rates during next month's meetings.
Currently , consolidation above 1.1034 by 4H candle it will support the price to build the positive momentum and reach to the 1.1114 and 1.1190
otherwise , consolidation under 1.1034 the chance of decline increase and it is possible to drop again to the previous areas 1.0949 and 1.0910
And the decision in the hand of CPI
Be care Today news will affect the market directly
support line : 1.0949 , 1.0910
resistance line : 1.1034 , 1.1114
what is your opinion ??
If this post was useful to you , don't forget to like and comment , Thanks ❤️
OUTLOOK
The euro rose in the European market on Thursday against a basket of global currencies, to extend its gains for the second day in a row against the US dollar, amid strong expectations about the European Central Bank and the Federal Reserve stopping raising interest rates during next month's meetings.
Currently , consolidation above 1.1034 by 4H candle it will support the price to build the positive momentum and reach to the 1.1114 and 1.1190
otherwise , consolidation under 1.1034 the chance of decline increase and it is possible to drop again to the previous areas 1.0949 and 1.0910
And the decision in the hand of CPI
Be care Today news will affect the market directly
support line : 1.0949 , 1.0910
resistance line : 1.1034 , 1.1114
what is your opinion ??
If this post was useful to you , don't forget to like and comment , Thanks ❤️
Related publications
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.