Hi Traders!
EURUSD is now under pressure following the NFP report. Momentum is now back with the US dollar, and further downside momentum looks very likely.
Here are the details:
The market is trending down following the break and close below the 20 EMA. There is a possibility of the market going back below the 1.07 handle.
Preferred Direction: Sell
Entry Level: 1.07458
Stop Level: 1.07961
Target Level: 1.06453
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
EURUSD is now under pressure following the NFP report. Momentum is now back with the US dollar, and further downside momentum looks very likely.
Here are the details:
The market is trending down following the break and close below the 20 EMA. There is a possibility of the market going back below the 1.07 handle.
Preferred Direction: Sell
Entry Level: 1.07458
Stop Level: 1.07961
Target Level: 1.06453
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.