EURUSD: Stable waiting for new news!
Updated
Hello traders! The EURUSD exchange rate is currently performing well, not deviating too far from yesterday's attractive position. It seems like we are all in this stable meditation garden, and it may stick with us until the end of the day and beyond. The Bollinger Bands range is back in action, stretching between the resistance level at 1.088 and the support level at 1.081.
At the time of writing my thoughts, the price is at 1.0850, experiencing a 0.06% decline for the day. Let me tell you, a cautious atmosphere is gradually emerging as we approach the release of the US CPI index and the FOMC minutes, both scheduled for Wednesday this week. What is your strategy as we wait for the unveiling of these economic dramas?
At the time of writing my thoughts, the price is at 1.0850, experiencing a 0.06% decline for the day. Let me tell you, a cautious atmosphere is gradually emerging as we approach the release of the US CPI index and the FOMC minutes, both scheduled for Wednesday this week. What is your strategy as we wait for the unveiling of these economic dramas?
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