New losses for the euro-dollar pair during the previous two trading days, where we believe that this fall is only a correction to return to the upside, God Almighty
The previous image from the frame today, where we note that the husband still maintains his position above the broken downtrend line, which makes us expect to retest and touch the trend line, including the return to take determination and the Saudization, God willing.
Influential news:
Economic forecast for the European Union.
Non-agricultural employment changes on the US dollar at 3.15 pm Al Quds Al Sharif time.
Best recommendations: Buying the pair from the 1.07775 endowment 1.0720 target 1.0870 - 1.0950
Beware of buying, we notice the formation of a head and shoulders overlapping with a previous head and shoulders, as in the following image
In the small chart, the head and shoulders image (the big picture). We notice that the smaller head and shoulders are forming inside the right shoulder area inside the black rectangle. Powerful warnings for the drop in the pound dollar. Careful caution against buying (only looking to sell).
Influential news:
Non-farm employment changes on the US dollar at 3.15 pm Al-Quds Al-Sharif time.
Best recommendations:
The pair sold with a break of 1.2380 and targets at 1.2260 - 1.2150 and a stop at 1.2480
