EUR/USD
Hello traders,
Markets have been volatile for the last 2 days following political tensions in the Middle East. The most affected instruments were the Gold, Yen and oil.
But the EUR/USD has been trading in a tight range , still above 1.11.
All eyes on 50 SMA support at 1.1092 and the trend line shown on the figure.
This week’s highlight is NFP so keep an eye on the figures.
Good luck
Markets have been volatile for the last 2 days following political tensions in the Middle East. The most affected instruments were the Gold, Yen and oil.
But the EUR/USD has been trading in a tight range , still above 1.11.
All eyes on 50 SMA support at 1.1092 and the trend line shown on the figure.
This week’s highlight is NFP so keep an eye on the figures.
Good luck
Ramzi Abou Abdallah, CFTe, CMT
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