Hi guys! 👋🏻
🔔 The FED's rate hikes announcements are not the only factors which weaken the DXY
🔔 GB retails sales and German PPI beat the forecasts today and gave these two pairs a smooth boost.
🔔 US had a negative home sales and jobless claims data announced yesterday. Petrol prices hit records, yet FOMC Chairman noted that to beat the inflation the FED will continue rising rates and ready to sacrifice the US economy.
🔔 The technical analysis already pointed the strength of Euro when it stopped it's decline at 1.0367, and now EURUSD seems to continue it's local uptrend move but needs to close above the channels upper border. When the breakout is confirmed, the uptrend could continue up to 1.073 - 1.076
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
🔔 The FED's rate hikes announcements are not the only factors which weaken the DXY
🔔 GB retails sales and German PPI beat the forecasts today and gave these two pairs a smooth boost.
🔔 US had a negative home sales and jobless claims data announced yesterday. Petrol prices hit records, yet FOMC Chairman noted that to beat the inflation the FED will continue rising rates and ready to sacrifice the US economy.
🔔 The technical analysis already pointed the strength of Euro when it stopped it's decline at 1.0367, and now EURUSD seems to continue it's local uptrend move but needs to close above the channels upper border. When the breakout is confirmed, the uptrend could continue up to 1.073 - 1.076
✊🏻 Good luck with your trades! ✊🏻
If you like the idea hit the 👍🏻 button, follow me for more ideas.
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