{"id":995,"date":"2023-08-25T21:47:54","date_gmt":"2023-08-25T21:47:54","guid":{"rendered":"https:\/\/www.from1tomillion.com\/blog\/?p=995"},"modified":"2023-08-25T21:47:55","modified_gmt":"2023-08-25T21:47:55","slug":"euro-bulls-have-a-lot-of-work-to-do","status":"publish","type":"post","link":"https:\/\/www.from1tomillion.com\/blog\/2023\/08\/25\/euro-bulls-have-a-lot-of-work-to-do\/","title":{"rendered":"EURO bulls have a lot of work to do!"},"content":{"rendered":"\n<p>US Dollar had another bullish week and both EU and GU have been suffering. But the more they stay in the current range, the higher my final target will be for the upcoming bullish move. Initially, I was looking at 1.12, now I am considering 1.15+ even, possibly higher. US dollar is overstreched and Powell&#8217;s speech on friday might have been the final nail on its coffin. Even though Powell was slightly hawkish, US Dollar stayed in the daily range and started dropping after London fix. So EU is still trading around 1.08 after all those hits it has been getting over the past few weeks. Now should be the time for a move up. Gold already did its bottoming and turned bullish on a weekly reversal, which should help EU, too.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"598\" src=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25XAUw-1024x598.png\" alt=\"\" class=\"wp-image-996\" srcset=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25XAUw-1024x598.png 1024w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25XAUw-300x175.png 300w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25XAUw-768x448.png 768w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25XAUw-1536x896.png 1536w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25XAUw-2048x1195.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"597\" src=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25EUd-1024x597.png\" alt=\"\" class=\"wp-image-997\" srcset=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25EUd-1024x597.png 1024w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25EUd-300x175.png 300w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25EUd-768x448.png 768w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25EUd-1536x895.png 1536w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25EUd-2048x1194.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"596\" src=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25EUw-1024x596.png\" alt=\"\" class=\"wp-image-998\" srcset=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25EUw-1024x596.png 1024w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25EUw-300x175.png 300w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25EUw-768x447.png 768w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25EUw-1536x895.png 1536w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25EUw-2048x1193.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"597\" src=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25GUd-1024x597.png\" alt=\"\" class=\"wp-image-999\" srcset=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25GUd-1024x597.png 1024w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25GUd-300x175.png 300w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25GUd-768x448.png 768w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25GUd-1536x896.png 1536w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25GUd-2048x1195.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"667\" src=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25USD-1024x667.png\" alt=\"\" class=\"wp-image-1000\" srcset=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25USD-1024x667.png 1024w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25USD-300x195.png 300w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25USD-768x500.png 768w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25USD-1536x1000.png 1536w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2023\/08\/25USD-2048x1334.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>US Dollar had another bullish week and both EU and GU have been suffering. But the more they stay in the current range, the higher my final target will be for the upcoming bullish move. Initially, I was looking at 1.12, now I am considering 1.15+ even, possibly higher. US dollar is overstreched and Powell&#8217;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts\/995"}],"collection":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/comments?post=995"}],"version-history":[{"count":1,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts\/995\/revisions"}],"predecessor-version":[{"id":1001,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts\/995\/revisions\/1001"}],"wp:attachment":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/media?parent=995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/categories?post=995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/tags?post=995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}