Good morning everyone,
Yesterday, eurusd went down after the Fed wont ease monetary policy and boosted the greenback. Well, a break even trade again! 0 loss. As some traders mentioned zero loss is still at a good trade!
Today about 830pm, we are expecting ECB to announce the bid rate and also a press conference. If there are any signs of rate hike, this will definitely give eurusd a push reaching 1.50 is a possibility.
So today, I believe market will stay sideways until tonight and on such occasion, if you are not holding any positions just stay out and observe.
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