EURUSD cracks trend line. Driving to a new week low?




Little to no the week just ended for the European tradersThe EURUSD moves lower, trades at session lows and is taking baby steps towards the next target. The movement was able to break through the trend line support at 1.1629. Today, it is the risk.

The next targets are the Wednesday low at 1.1605 and the week low at 1.1593.

The drive to extend the’98 pip trading range. Can the momentum continue? Stay below 1.1629 and there is that chance.

10 years ago, the performance is in the black now 2.3487%. Gold is lower (more than a dollar to purchase?). It is down -$6.70 $l’1269.70.
The employment data was good and bad (where is the profit?). Other data today, that was good (factory orders and the ISM non-manufacturing data beat).



Добавить комментарий

60