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Weekend analysis.
Send your assets 🙂.
Yep.
Knew we couldn't Trust that CHOCH that didn't close above.
SL hit ❌.-0.5%>.
The 4HR CHOCH candle didn't close above .
So this is a bit risky.
Possible,but still have to wait on CHOCH confirmation.
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Same trade setup we've been waiting for
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So a bit of downside or consolidation for EUR and nice up side for USD
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So we could be seeing consolidation or down movements for the EUR.
And up movement for the USD.
Friday:two(2) news okay USD
One not so good for USD.
Wednesday: USD raised interest rate by 25 basic points (just as expected).
Which should show up side this week.
Thursday: EUR raised interest rate by 25 basic points.
Which could show up side this week too.
But being lesser that USD overall interest rate,that push probably won't be strong
Got the 25 basic points increase.
Now we just leave trading this week,
Analyze news data for the week to see where the USD and EUR could be going next week and month fundamentally 📈.
Risk 0.5%>
Entry at 1.08636
SL at 1.08436 (20 pips)
TP at 1.13000 (436.4 pips).
So,down the EUR and up the USD.
Let's get to the chat.
Overall,it can be Said that last week the EUR was hit harder than the USD.
While the USD actually had more positivity.
Thursday: Good decrease in unemployment claims data for USD.
So as advance GDP growth.
Same Monday and Tuesday:A bit ok for USD
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Interest rate Data coming up.
Remember we're looking at a possible 25 basic points increase 📈✅.