jherryPowell

EUR/USD continues to more than double the income

Short
jherryPowell Updated   
FX:EURUSD   Euro / U.S. Dollar
I caught it last week, but I believe that many friends did not come out in time, so even if the direction is right, you can't make money if you are not sure.This is also a very regrettable place. In fact, if you have a good mentality and strategy, it is not as difficult to make money in the market as you think.It's not terrible to lose money, the terrible thing is to keep paying tuition again.

This week ushered in the interest rate resolutions of the European Central Bank and the Federal Reserve. The market generally expects that the two major central banks will raise interest rates by 25 basis points. Before that, the eurozone will also release April CPI data. It can be said that there are many data that affect the trend this week. For mature traders, they may be very excited, but for novice friends, it is easy to make big losses, regardless of whether you were at a loss before, don't cause a psychological burden because of unreasonable transactions in the past.

Let's talk about the situation of EUR/USD

This week, the eurozone will usher in a series of blockbuster data and risk events, including eurozone inflation data, credit data, and European Central Bank interest rate resolutions.So far, since wage growth is still at an all-time high, core inflation in the eurozone has been at a high level and may rise further.The inflation problem in the eurozone has shifted from the supply side (falling energy prices) to the demand factor.

On the technical side, there are also signs of a pullback. Although we caught the rebound last week, we will not add positions at this point for the time being. The operation can be based on grabbing the callback at the high position. I will give specific suggestions in the free channel, so that everyone can interact in a timely manner and avoid unnecessary losses.

Click on the link below to enter, everyone is welcome to join.Especially novice friends, don't be blind.
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