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.
@nauwasbashirabdu, Yes correct, 1.103 as mentioned in the chart!
similarTuna31284
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I see the euro cratering second half goes sub par . Rates going higher and banks in Europe start going bust. 18 Trillion issued in negative rate bonds!!!