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Hi traders
EURUSD:
The most important thing is inflation. If it resumes growth, then the ECB will have no reason to extend the quantitative easing program. With Euro-Zone Inflation Data picking up EUR Should Benefit. Take a look at the EUR/USD technical picture at the H4 timeframe
The market has dropped slightly below the technical support at the level of 1.2282, tested it from below and now it might be ready to head towards the next technical support at the level of 1.2238.
EURUSD is in sideways movement so it is opportunity to buy at this support levels.
My advice is to :
Buy from 1.2282, the profit is 1.2360 for today or 1.2400 for the end of this week.
Good luck trading
EURUSD:
The most important thing is inflation. If it resumes growth, then the ECB will have no reason to extend the quantitative easing program. With Euro-Zone Inflation Data picking up EUR Should Benefit. Take a look at the EUR/USD technical picture at the H4 timeframe
The market has dropped slightly below the technical support at the level of 1.2282, tested it from below and now it might be ready to head towards the next technical support at the level of 1.2238.
EURUSD is in sideways movement so it is opportunity to buy at this support levels.
My advice is to :
Buy from 1.2282, the profit is 1.2360 for today or 1.2400 for the end of this week.
Good luck trading
