Hello,
Today the united states dollar rose against the other major currencies as a result of the Fed's meeting yesterday. We see EUR/USD trading now at 1.1585, the pair moved down today around 80 pips. Tomorrow could be a decisive day for a potential rally for the dollar. There will be major news Non farm payrolls, unemployment rate and ISM non manufacturing PMI. If these data will come positive we can see a break of 1.1530 the strong support area and a further move down.
Good luck.
Today the united states dollar rose against the other major currencies as a result of the Fed's meeting yesterday. We see EUR/USD trading now at 1.1585, the pair moved down today around 80 pips. Tomorrow could be a decisive day for a potential rally for the dollar. There will be major news Non farm payrolls, unemployment rate and ISM non manufacturing PMI. If these data will come positive we can see a break of 1.1530 the strong support area and a further move down.
Good luck.