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EUR/USD Signal - Fed Interest Rate Decision - 01 May 2019

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Signal Details
Entry Price: 
1.1230
Take Profit: 
1.1280
Stop Loss: 
1.1200
Direction: 
High
Result: 
Loss
How we trade
5/5 of 4 ratings

The Euro is trading near 1.1230 ahead of a busy day in the United States. Traders will follow closely the PMI data and the Fed's interest rate decision. The Fed is expected to keep the rates unchanged, if the markets see it as dovish move, the Euro might benefit.

eurusd signal 01 may 2019

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.