FED revised statement | 28 أغسطس 2020
28 أغسطس 2020, EUR/USD
EURUSD trading plan:
We are expecting a bullish rally to develop. "The economy is always evolving, and the FOMC's strategy for achieving its goals must adapt to meet the new challenges that arise," said Federal Reserve Chair Jerome H. Powell. "Our revised statement reflects our appreciation for the benefits of a strong labor market, particularly for many in low- and moderate-income communities, and that a robust job market can be sustained without causing an unwelcome increase in inflation." This is a negative signal for the dollar!
Trading recommendation: Buy 1.1900 and take profit 1.1946.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
