DAILY TRADE SETUP - MyTradingLand.com

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@emma_durban - 9 hours ago

It is supposed to be bearish

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@emma_durban - 9 hours ago

Quoted - emma_durban

It is supposed to be bearish

Investors may be thinking interest rate hikes are coming so they are going to buy the dollar which will make EUR/USD price to fall

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@asuquokelvin - 9 hours ago

Interest rate may increase 25 to 50 BP but will definitely not go down, although the CPI data for inflation was not really hawkish, but gave a bullish stand as y/y came out bullish than previous for both the Core CPI and CPI so investors are really looking toward that angle except maybe a geopolitical issue arises which may change the sentiment

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@emma_durban - 7 hours ago

Quoted - asuquokelvin

Interest rate may increase 25 to 50 BP but will definitely not go down, although the CPI data for inflation was not really hawkish, but gave a bullish stand as y/y came out bullish than previous for both the Core CPI and CPI so investors are really looking toward that angle except maybe a geopolitical issue arises which may change the sentiment

I didn't say interest rate will go down, I said there will be a hike meaning increase

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@asuquokelvin - 7 hours ago

Just entered EURUSD sell before ppi having a bearish sentiment I believe eurusd will sell downwards

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@asuquokelvin - 7 hours ago

Quoted - emma_durban

I didn't say interest rate will go down, I said there will be a hike meaning increase

Yeah I understand you but just giving my own view of it too

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@asuquokelvin - 6 hours ago

Quoted - asuquokelvin

Just entered EURUSD sell before ppi having a bearish sentiment I believe eurusd will sell downwards

My take profit target on Eurusd already hit before ppi

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