Forex EUR/USD Daily Video, May 05, 2022

[Sive Morten]

Good morning,

It seems that Fed has decided to not tell the truth for longer and released a bit dovish statement. By our view it makes no impact on major trend but could make current technical pullback a bit more extended:

 

[FreddyFX]

My view is that ALL you have explained in the earlier weeks before Powell egotripping yesterday in his explanation, that we will soon return to direction of 1.04300, so I stay short.