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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