EUR/USD Could Go Either Way

EUR/USD is still near a critical zone and could go either way:

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  • Paul

    Thank you for your daily analysis Nathan

    I feel the ‘rejection’ candle (shooting star / pin) printed on the EUR USD daily time-frame at a previous daily swing high (Mar 15th), confluent with the 38% fib as you demonstrated is a legitimate trade signal for getting short and if it goes back to the previous low at 1.27 50 offers a very robust risk/reward potential (in excess of 3)

    Lets see what happens later

  • Zan

    Can you give NZD/USD analysis.This is the pair you never mention

  • Nathan, I will be watching the EuroUSD I currently am long and am tightening my stop because I want to lock in profit should it start to drop.

  • Gus

    Thank you.