歐元 / 美元
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Good recovery for USD but that is not enough

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🔔🔔🔔EUR/USD news:

➡️ Ongoing rhetoric about easing trade tensions between the United States and China has had a positive impact on stock markets, helping to restore some calm. However, investors remain cautious about making significant bets on the U.S. dollar.

➡️ Meanwhile, the euro is trading slightly below the 1.1400 level early Wednesday, staying within a narrow range as traders have largely refrained from making bold moves in recent days.

Personal opinion:
➡️ EUR/USD is correcting lower after showing overbought conditions at a three-year high of 1.1575. However, a healthy correction for the USD has emerged but the US dollar cannot be considered back in the forefront. Let's take a look at the upcoming US trade deal.

➡️ Analysis based on important resistance - support and Fibonacci levels combined with EMA to come up with a suitable strategy

Personal Plan:
🔆Price Zone Setup:

👉Buy EUR/USD 1.1360 - 1.1350
❌SL: 1.1310 | ✅TP: 1.1410 - 1.1470

FM wishes you a successful trading day 💰💰💰

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