#EURUSD
- Currently, the market sentiment for EUR is slightly on the DOWN SIDE. The main reason is that the dollar continued to strengthen on Friday's LABOR DATA. At that time, US LABOR DATA made the dollar very strong. As of today, all MARKETS, including STOCKS and COMMODITIES, were slightly DOWN due to MARKET RISK OFF. If more rate hikes happen, it will definitely affect the US dollar in a big way to strengthen it.
- Definitely according to the MARKET STRUCTURE EURUSD can be DOWM up to the SUPPORT LEVEL below. At the moment, there is quite a DOWN SIDE BIAS in the MARKET for EUR. Accordingly, EURUSD can go down to 0.9654 LEVEL. And after that, if the MAIN CHANNEL is BREAKED, the EURUSD PRICE can go UP to the 0.9855 LEVEL, if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. So keep an eye on it.
- Currently, the market sentiment for EUR is slightly on the DOWN SIDE. The main reason is that the dollar continued to strengthen on Friday's LABOR DATA. At that time, US LABOR DATA made the dollar very strong. As of today, all MARKETS, including STOCKS and COMMODITIES, were slightly DOWN due to MARKET RISK OFF. If more rate hikes happen, it will definitely affect the US dollar in a big way to strengthen it.
- Definitely according to the MARKET STRUCTURE EURUSD can be DOWM up to the SUPPORT LEVEL below. At the moment, there is quite a DOWN SIDE BIAS in the MARKET for EUR. Accordingly, EURUSD can go down to 0.9654 LEVEL. And after that, if the MAIN CHANNEL is BREAKED, the EURUSD PRICE can go UP to the 0.9855 LEVEL, if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. So keep an eye on it.