EUR/USD – Week 7 – Still bullish.
EUR/USD traded higher against the US Dollar on the final trading day of last week, with markets not manifesting any notable reaction to the news that former ECB President Mario Draghi had officially accepted the position of Italian Prime Minister.
In our previous analysis, we mentioned that the Euro will gain some momentum against the US Dollar increasing with over 100 pips. More than that we expect for this week the bullish move to continue around the liquidity pool area highlighted on the chart.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
In our previous analysis, we mentioned that the Euro will gain some momentum against the US Dollar increasing with over 100 pips. More than that we expect for this week the bullish move to continue around the liquidity pool area highlighted on the chart.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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