DAILY BRIEFING
Morning traders, Dollar pullback continues and we are now eyeing 0.99800 resistance zone in EURUSD for some potential shorts, today's core PCE number will be important to shape sentiment for the next FOMC meeting, this number is Powell's preferred measure for inflation so any deviation will be meaningful to the FED's decisions, any surprise higher and we may get an immediate resumption of the medium Dollar bullish trend, any surprise lower and the pullback continues
While we keep an eye on the Dollar for a possible trade our only running trade remains AUDCHF shorts
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.