The current situation will be resolved today at the Federal Reserve
with a probability of 98% the rate will remain unchanged
But in June the futures are trading 96% for a reduction in the current rate
Here I will need to look at unemployment for April and May and against this background the Fed will probably lower the rate
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Ideally EURUSD will fall until the end of the week
In case of another update of the maximums, I will consider selling EURUSD in the range of 1.1047-1.1056
Yesterday's high was entirely predictable and only served to boost sales
1.0955 strong level of possible top
1.0938 as additional support for the contract of Wednesday
Expected profit for the euro in the region of 1.0703-1.0711
but it just can't happen yet
1.0703-1.0711 -------> from there to 1.11
resistance levels - 1.097
targets and support below - 1.08.. 1.075... 1.0685.
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Today, a decline to target levels may begin
1.0875
1.085
1.0825
1.08
Today I don't plan to open new deals, except maybe buy from 1.0665
But scalping is possible on a demo account
@iplipinc
