Euro / Dollar AS
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Comment on EUR/USD

309
During Wednesday's trading session, the USD did not fluctuate much, which caused many currency pairs to become gloomy. The DXY index has been maintaining an uptrend recently, however the upward momentum has weakened in the absence of further information coming from the interest rate market, and this will likely continue until the announcement. US inflation report is released on Thursday.

The market is still expecting the Fed to reduce interest rates by 150 bps this year with the first reduction starting in March.
Catatan
BUY EURUSD 1.0952

TP1: 1.0992

TP2: 1.1052

SL: 1.0900

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