EURUSD review on weekly chart
As for me currently, we have good opportunity to earn pips on this pair.
What makes me feel that this could be interesting. Honestly, my suggestion is based on 2 factors. First is that technically I see a reversed "H&S" (green) ( in a large "H&S" (red) and I expect that small will form the right shoulder), also there is a bullish divergence on MACD and StochRSI which can be a confirmation of a positive trend. Second is that currently one of strongest hurricane destroys USA (I'm not happy about that, this is very terrible news), so when the USA will post results of hurricane damage.
To sum up, I believe that currently would be more interesting to Long EUR, but that can’t be a long-term investment, because any war (for example trade war) need money.
What makes me feel that this could be interesting. Honestly, my suggestion is based on 2 factors. First is that technically I see a reversed "H&S" (green) ( in a large "H&S" (red) and I expect that small will form the right shoulder), also there is a bullish divergence on MACD and StochRSI which can be a confirmation of a positive trend. Second is that currently one of strongest hurricane destroys USA (I'm not happy about that, this is very terrible news), so when the USA will post results of hurricane damage.
To sum up, I believe that currently would be more interesting to Long EUR, but that can’t be a long-term investment, because any war (for example trade war) need money.
Penafian
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