EUR/USD Upcoming Week Will Be Important For This Pair!!!

2020-02-09 15:40:34

Hi traders hope you’re all doing well, pay close attention to the EUR this upcoming week!!! We are currently heading down to a major support area a bounce could be possible, and as you can see we have a nice bullish pattern on the daily time frame.First target to the upside will be 1.097 , we are looking the reversals at 1.093-1.088 level.Our catalysts will be ECB President Lagarde Speaks I’m predicting a more hawkish outcome for the Euro ,The European Central Bank signalled on Friday 7 June 2019 that the won’t raise interest rates until at least mid 2020 .Strong possibility that the Central Bank will raise Interest rates resulting in a positive euro.

Good luck Everyone!!!!

Please support the idea with a like and follow if you find this analysis helpful

Thanks!!