Tonight, risk event is EZ GDP data where provides a strong catalyst for Eur.
Look at on the chart, E/U test long term bearish trendline. Any break will open the door for further rally.
If E/U reject this trendline, Bear will come back.
I think the break is likely. Recent months, EZ economy performed very well with the soar of inflation.
However, I really don't sure about EZ GDP. Everything could happen.
Look at on the chart, E/U test long term bearish trendline. Any break will open the door for further rally.
If E/U reject this trendline, Bear will come back.
I think the break is likely. Recent months, EZ economy performed very well with the soar of inflation.
However, I really don't sure about EZ GDP. Everything could happen.
