Brian, hello everyone!
So after a long period of discounting, EURUSD ended the session with a day of gains, currently trading at 1.5844.
It can be seen on almost all timeframes that the EU is achieving significant increases, indicating a very positive outlook for price growth.
With the EU continuing to trade steadily at this high level, there is a possibility that the price level of 1.052 will be retested in the near future, forming a trendline and using it as a strong support level for further price increases. The current expected price levels are 1.065 and then 1.073.
So after a long period of discounting, EURUSD ended the session with a day of gains, currently trading at 1.5844.
It can be seen on almost all timeframes that the EU is achieving significant increases, indicating a very positive outlook for price growth.
With the EU continuing to trade steadily at this high level, there is a possibility that the price level of 1.052 will be retested in the near future, forming a trendline and using it as a strong support level for further price increases. The current expected price levels are 1.065 and then 1.073.
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good luck everyone
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Surprisingly, the US Dollar weakened on Friday, despite the release of strong Nonfarm Payrolls data for September.
