EURUSD Raising Wage Breakout coming ahead of US GDP?


The price action of EURUSD is more interesting today. The Daily closing of yesterday was below the Major Support 1.06852 on the other hand the price range of EURUSD today was pretty much below the Major support in H4.



A breakout of the H4 Higher Low trendline and the Major Support 1.06852 itself would push the price lower.

Upcoming 4th quarter US GDP data is coming and that could be a perfect moment to push the market towards the Key Support 1.0520.

All the best . Take calculated risk.


Leave A Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.