Next week is important for USD, but at the same time it can be tricky. Due to the absence of economic reports recent weeks, it’s difficult to make forecasts on Non farm payrolls and Fed statement. So, all of you have to be careful and read these events between the lines.
Technically EUR/USD is moving nicely as per my previous analysis. We are approaching re-short level. This time I will consider partial profit booking near 1.12900 (recent support). All swing targets are intact – 1.12000 and 1.11200. However, I can consider reviewing my forecast and targets based on Fed statement.
Technically EUR/USD is moving nicely as per my previous analysis. We are approaching re-short level. This time I will consider partial profit booking near 1.12900 (recent support). All swing targets are intact – 1.12000 and 1.11200. However, I can consider reviewing my forecast and targets based on Fed statement.