Sive Morten
Special Consultant to the FPA
- Messages
- 18,669
Good morning,
Market expects another 0.25% step by Fed on May, so we do not support idea of major trend change on EUR by far. Suggesting that EUR could move slightly higher, but it is too early to deny possible reversal on weekly chart. Today we consider 1.0850 intraday target and 1.0780-1.0790 area for possible position taking...
Market expects another 0.25% step by Fed on May, so we do not support idea of major trend change on EUR by far. Suggesting that EUR could move slightly higher, but it is too early to deny possible reversal on weekly chart. Today we consider 1.0850 intraday target and 1.0780-1.0790 area for possible position taking...
