BlueberryMarkets

USD BEARS IN DANGER (EURUSD): ANALYSIS

FX:EURUSD   Euro / Dollaro
USD has strengthened today after Fed chairman Powell spoke and said the comments from other Fed members was exaggerated.
He then went on to comment about the reduction in trade balance sheets pushing the USD higher.
EURUSD looks likely to close below the 1.1500 level and if the market does so, we could see a further sell-off to the currency pair.
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