A POTENTIAL TREND REVERSAL

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A POTENTIAL TREND REVERSAL Euro/US DollarFX:EURUSDenwemadufranklyn1989Hello Traders 👋 What are your views about EURUSD Looking at the daily timeframe we can see that price action didn't take out liquidity at the top which is indicated with a blue rectangle. Am seeing price action retracing to that liquidity zone which is indicated with a blue rectangle and from there reversing to the downside. Let's look at the fundamental analysis of EURUSD. Trump announced the conclusion of a trade agreement with the EU: The EU will invest $600 billion more in the US than before 15% tariff on EU goods, including cars All EU countries will open their markets to the US EU to purchase hundreds of billions of dollars worth of military equipment EU to purchase $750 billion worth of energy from the US. Energy is a key part of the agreement. PS: It is worth monitoring the market reaction from the opening. Pay attention to the market reaction during different sessions. Markets may react ambiguously, but against the general backdrop, the following reaction should be expected: USD → sharp rise (dollar strengthening due to capital inflows and growth in energy exports). EUR → down, as the EU will bear the costs of tariffs and rising imports from the US. Gold → down (correction or decline due to the strengthening of the dollar and reduced demand for hedging). BTC → neutral or slight decline (due to USD strength): If the agreement stimulates the economy and liquidity, this could be a bullish factor for BTC. ………………………………………….