Forex EUR/USD Daily Video, February 04, 2021

Sive Morten

Special Consultant to the FPA
Messages
14,726
Good morning,

So, EUR has completed the half of the shape that we've discussed recently. Now is a moment of truth - either we get the upside action or EUR drops. To be honest, due US interest rates rally yesterday - overall performance doesn't look encouraging.


 

soul rebel

Sergeant
Messages
136
With DXY hitting OP at 9144 on daily chart, and Eur fast approaching 1618 butterfly extension 11969, there could be chance of pullback ahead of non-farm data - I will attempt a long from this level with tight stop
 
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