Downloading...
Euro / U.S. Dollar

Are we going to see a reversal from 1,1200 on EURUSD

708
After many sudden moves on EURUSD in the last few days, now we see price heading to 1,1200.
We should not forget that we have NFP tomorrow and that will probably lead to another reversal.

We're looking at the levels above 1,1200 and in case of a reversal signal, we will be looking to sell.
The best case scenario would be to do that after the news because then we can use the reversal candle for our stop loss.

The target remains at 1,0800!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.