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Euro / U.S. Dollar
May 2, 2023
No trades on EURUSD
7
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Tomorrow the FED is expected to rise interest rates to 5,25%.
We prefer to wait for the news to pass before looking for new trades.
Yesterday we saw a new attempt to rise, followed by sharp decline and test of the lows around 1,0960.
Upon a new test it’s possible to see breakout and heading towards 1,0900.
For new entries, we’ll wait for the news to pass and movement to be confirmed.
ForexTrendline
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Also on:
candlestickpattern
correction
EUR
priceaction
signals
Supply and Demand
Support and Resistance
Trend Analysis
USD
ForexTrendline
Follow
✅ JOIN FREE TELEGRAM:
t.me/trendlinefreetrade
❓ If you got questions:
t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here:
t.me/trendlinefreetrade
Also on:
Related publications
Important week for EURUSD
by ForexTrendline
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