TraderMade FX Analysis: EUR could revisit 1.09 levels

Analysing markets ahead of a binary event like an election is a tough task. With French elections, the task has become even tougher, given the four-way race and the multiple doomsday scenarios.
It is often recommended that under such situation, the trader/investor should go purely by what the chart says. Hence, in this segment we talk to Steve Jarvis, Technical Analyst at TraderMade, who focuses solely on the technical patterns on the Dollar Index, EUR/USD, USD/JPY, GBP/USD, EUR/GBP, AUD/USD, EUR/AUD, and Gold.
A must watch segment as we get direct insights into the price action without the IFs & BUTs that are usually involved in the fundamental/macro scenario analysis.
When talking about EUR/USD, Jarvis says the gradual progression of the higher low formation is likely to continue, eventually yielding a re-test of 1.09 levels.

Enter your e-mail address to receive updates straight to your inbox

My Newsletter

You can easily unsubscribe at any time by clicking on the unsubscribe links at the bottom of each of our emails
Categories: Guest Writers, Video

About Author