AlphaHack

EURUSD buy after resistance tested

Pembelian
FX:EURUSD   Euro / Dollar AS
After Jerome Powell gave zero support to the bond market, 10-year treasury yields continued to climb higher to the level where foreign investors' attractiveness is getting more pronounced. Thus, the Dollar gets more support in the short-term to rebalance the bond market to a higher yield regime. On EURUSD, we are sitting at a long-term support level based on the risk range; breaking it will cause more deflation concerns than inflation in the US.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.