欧元/美元

RLinda ! EURUSD-> An attempt to break through support.

1 461
EURUSD from the opening of the session forms a pullback in the local uptrend, it is likely that the movement is aimed at the retest of the liquidity zone

RLinda ! EURUSD-> The market is waiting for NFP. what to expect?


The dollar is strengthening and thus the eurusd is trying to break through support. It is possible to trade either a breakout or a false-break, but it is necessary to wait for a signal.
If the price consolidates under 1.06900 (Consolidation), then it might fall to 1.0600.
If the price makes a false breakdown and is able to form a consolidation above the level of 1.07000, then we will have a bullish potential.

The price is in the risk zone. The strong fall from 1.07500 can be stopped at 1.0690 after a false-break, but as the zone is complicated we need to wait for a specific price reaction in the form of consolidation above or below the level.

Regards R.Linda!

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