EURUSD: Update Setup (European Session)

FX:EURUSD   Euro / U.S. Dollar
525 2 16
GDP and Interest Rates are the market movers today. Looking at the graph of eurusd             , the price gives us a lot of information, and in this regard, our reading is that traders do not expect a rise in interest rates in June (see SP500             bullish and bearish Dollar Index             ) For the past few months we argue that if there is an increase, we do not see before December.
On the technical side, we see a lot of stop loss in area 1.1050 / 1.1100, if our expectations will find a match, these levels may be processed in the short term, on the contrary we may see a sell-off on eurusd             .

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127.2 UPDATE

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