Forex EUR/USD Daily Video, May 02, 2024

[Sive Morten]

Good morning,

By some technical signs we suggest that EUR could show upside extension in an area of next daily resistance 1.08-1.0835$:

 

[Brett Reynolds]

I have $1.0780 as 61.8 of last swing down. If this is hit after NFP it's excellent area to look for Sell.!

 

[davedubai]

I have $1.0780 as 61.8 of last swing down. If this is hit after NFP it's excellent area to look for Sell.!

Conversely I will be awaiting to go long with tight stops below 1.0650 and enter at 1.0680-85 ish.

 

[Brett Reynolds]

Conversely I will be awaiting to go long with tight stops below 1.0650 and enter at 1.0680-85 ish.

I prefer to ride longer and bigger waves with the weekly trend and positive swaps..