EUR/USD:TECHNICAL | FOUNDAMENTAL ANALYSIS | PRICE IS GROWING 🔔

1 ביוני 2021Update yesterdays Idea after Non Farm PayRoll

Our bias continue to be is Bullish

Clarida's comments are reported by Reuters:

Rollback will depend on data;
The unwinding of the restrictions puts upward pressure on inflation ;
The Fed needs to recognize that there is risk in both rising and falling inflation ;
Current data is consistent with subdued inflation expectations;
Gives great weight to inflation expectations;
Important to consider wage and productivity growth along with employment and the share of the active population;
Does not believe cryptocurrencies can replace the money.

Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.

Feel free to request any pair/instrument analysis or ask any questions in the comment section below.

Have a Good Day Trading !