JoeChampion

EURUSD Potential Downsides with Fed Waller hawkish comments

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FX:EURUSD   欧元/美元
Hey Traders, EURUSD was trading in an uptrend and successfully managed to break it out after some expected hawkish comments from fed Waller "Inflation still much high" "Fed hasn't made too much progress on inflation goal, rates need to rise further" which have triggered the Dollar strength and keep us concerned about the next FOMC on early May. Technically we have noticed a break out of the uptrend so we will be watching a potential retrace of the trend from 1.0300 resistance area.
Trade safe, Joe.

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