Johanes

EURUSD TARGET ZONE: SELL 1.1950/1.2 SL. 1.2056 TP.1.1500/1.1288

Short
Johanes Updated   
FX:EURUSD   Euro / U.S. Dollar
TRADE EURUSD DURING THE ECB AND FED STERILIZATION PERIOD (SHORT TERM PRICE STABILITY)
Comment:
ECB AND THE FEDERAL RESERVE BANK OF NEW YORK SEEMS TO COMPLETE STABILIZATION AND THE STERILIZATION IS STRONGLY PERFORMED. EURUSD PRESSURED DOWN AS WELL AS USDJPY AND USDCHF.
Comment:
THE EURUSD STERILIZATION WILL BE VERY STRONG AND MORE CONSISTENT AFTER BREAKING 1.1600 AND REBOUND TO UPWARD WILL BE TEMPORARY UNTIL THE 1.1288 TO BE REACHED.
Comment:
ECB MAY ENDS THE MONETARY POLICY OF "ASSET PURCHASE PROGRAM" AT EURUSD 1.1288/1.1200 BY CURRENT EQUILIBRIUM STABILITY PERFORMANCE AND TO INITIATE INTEREST RATE INCREASES FOR INFLATION TARGETING FRAMEWORK (ITF) POLICY.
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