Hey Everyone,
Currently we're looking at EURO against the US Dollar in accordance with the upcoming event
for EURO
- ECB Press Conference
- Core Durable Goods Orders m/m
- Main Refinancing Rate
Now if we analyze the economic data we got Bullish sentiments for Refinancing rate as forecast
is expected at 0.5% and our expectation is to cross 0.6% this time
same as Core Durable goods if it's High and Hawkish then Refinancing rate will increase
now what makes it difficult to trade fundamentals today? -it's the press conference
really hard to indicate market while press conference is there but soo far fundamentals are
providing an hawkish insights for EURO
Regarding our Technical they provide a Bearish Insight for Long term but today it's
Important to take in with Fundamentals as They are BULLISH for EURO you can place an order
now for EUR Pairs (BUY THEM)
More updates will be posted under this thread,
have any doubts? then, let us know in the comment section below
and make sure to give this analysis a Thumbs UP +_+