Daily Euro/Usd Chart
looking at the above daily chart, we do observe that the range between 1.3860 and 1.3716 holds for the past few trading sessions. and the LOWER Trendline is also very close to the 1.3700 till the NFP on this coming Friday's Release. I do predict that Euro/Usd will trade within this range for the next 2-3 days, before any decisive movement beyond this range can be effected.
Please do refer to my last posting below on the Euro/Usd Trading ideas
I repeat that a decisive breaking the upper range level at 1.3860 shall drive this currency pair beyond 1.4000 near terms
A poor NFP report will accelerate the bullish momentum with target close to 1.4200 areas. Likewise, any positive news from Euro Unions this week will see this currency pair being lifted beyond 1.4200.
Please do refer to my last posting below on the Euro/Usd Trading ideas
I repeat that a decisive breaking the upper range level at 1.3860 shall drive this currency pair beyond 1.4000 near terms
A poor NFP report will accelerate the bullish momentum with target close to 1.4200 areas. Likewise, any positive news from Euro Unions this week will see this currency pair being lifted beyond 1.4200.
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