Post NFP release

As I expected. hen the dollar was in the supply zone, she was ready to give a weaker data. It was and probably the easiest indicator. The Dollar was int he supply zone, all it has to release was a weaker data to accelerate the price move.

The 4H was the most obvious to see this level.

EURUSD vs Dollar

EURO on the left and the Dollar index on the right.

If you look on the larger time frame weekly and daily, EURO context are bullish and the dollar index on a bearish mode.

SO we expect next week a bullish tone on the EURO and look for another fresh demand. Im looking into targeting the EURUSD towads the 1.17.

 

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