Hello traders,
Let's look at EURUSD and see the current price action on it. We have noticed that the pair has printed a double bottom with its neckline violated. I anticipate an upward momentum from the violated neckline. Let's keep in mind that CPI will cause a lot of volatility in the pair and we could expect a spike to the downside before heading up. My targets are 1.08022 and 1.10214 in the case of a bullish run.
Please do support this idea with likes if you find it helpful.
Trades smart today!
Let's look at EURUSD and see the current price action on it. We have noticed that the pair has printed a double bottom with its neckline violated. I anticipate an upward momentum from the violated neckline. Let's keep in mind that CPI will cause a lot of volatility in the pair and we could expect a spike to the downside before heading up. My targets are 1.08022 and 1.10214 in the case of a bullish run.
Please do support this idea with likes if you find it helpful.
Trades smart today!
