Hello everyone, it's RKarina here again! Let's discuss and devise a strategy for the new day!
The EUR/USD has gained momentum, pushing prices higher and creating an opportunity for a potential test of the psychological barrier at 1.1000. Increased selling pressure on the Greenback following the Non-Farm Payrolls report for February has provided this currency pair with additional upward potential.
Currently, the EUR/USD is facing resistance at 1.098, but technical indicators and prospects still lean towards an upward movement. The level of 1.0960 (the Fibonacci retracement level of 61.8% of the latest downward trend) is considered the first resistance level for EUR/USD before reaching 1.1000 (psychological level) and 1.1035.
The EUR/USD has gained momentum, pushing prices higher and creating an opportunity for a potential test of the psychological barrier at 1.1000. Increased selling pressure on the Greenback following the Non-Farm Payrolls report for February has provided this currency pair with additional upward potential.
Currently, the EUR/USD is facing resistance at 1.098, but technical indicators and prospects still lean towards an upward movement. The level of 1.0960 (the Fibonacci retracement level of 61.8% of the latest downward trend) is considered the first resistance level for EUR/USD before reaching 1.1000 (psychological level) and 1.1035.
交易开始
🚀 Elevate your trades with a 20-year market veteran!
📈 Forex & XAU/USD Channel:
t.me/+aAiSpQb7RdJkN2Y9
📈 Forex & XAU/USD Channel:
t.me/+aAiSpQb7RdJkN2Y9
