Please click the link in the "red circle" to see the previous analysis.
It has been a great trade so far, has reached the "Target 4". Currently, based on the price action, I reckon EUR will retest the trendline.
The continuation of the rally will depend on the upcoming data. Will the data give bulls a catalyst to reach my final target? Time will tell.
Catalyst:
- EU Economic Summit
- EU Main Refinancing Rate
- EU Monetary Policy Statement
- ECB Press Conference
- US CPI
- US Unemployment Claims
- Euro Summit
- US PPI
- Covid-19 Vaccine news
It has been a great trade so far, has reached the "Target 4". Currently, based on the price action, I reckon EUR will retest the trendline.
The continuation of the rally will depend on the upcoming data. Will the data give bulls a catalyst to reach my final target? Time will tell.
Catalyst:
- EU Economic Summit
- EU Main Refinancing Rate
- EU Monetary Policy Statement
- ECB Press Conference
- US CPI
- US Unemployment Claims
- Euro Summit
- US PPI
- Covid-19 Vaccine news
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