Evening review on EURUSD for May 29, 2020

EURUSD:

There is a signal of an upward movement, thus, we wait for a strong pullback for purchases. In the morning we recorded a profit on purchases. However, at present, there are no open positions.

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US Consumer Income / Expense Report for April Released:

Revenue dropped to -10%, while cost dropped to -13%.

RFE inflation fell to -0.4%.

EURUSD: consider purchases from a strong pullback, at least from 1.1040 and below.

The material has been provided by InstaForex Company – www.instaforex.com

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MOKAR

Author: MOKAR

Mula berdagang dalam pasaran forex sejak tahun 2003. Manakala pasaran bursa saham tempatan dan global pada tahun 2018. Menjadikan trading online sebagai kerjaya sepenuh masa pada tahun 2019. Kerjaya sebelum ini adalah seorang salesman kereta. Berpengalaman dengan pelbagai teknik dan perguruan tetapi akhirnya sangat serasi dengan teknik FMCBR @ Fibo Musang melalui guruku Cikgu Baha & Cikgu Zul.

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