EUR/USD

٢٩ أغسطس ٢٠٢٣

I personally cant think EUR/USD can hold above the 1.0800 longer.

US Dollar sharply declines but still there is a high chance of DXY to test 105 level.
Tomorrow will be a critical day for EUR/USD.

* German inflation
* GDP (QoQ) (Q2)
* ADP Nonfarm Employment

Currently looking for a short postion as the price has grabbed liquidity .

Note - Trading is not about always be right , but about managing risk .