🎩 On today's episode we talk about the FED INTEREST RATE data release
🔸 Why is following this data important? Because traders/investors use this data as an indication of USD strength/weakness.
🔸 So with this understanding, the banks also use this number to help facilitate the moves on the charts that were already in progress.
🔸 So what is currently in play right now on the $eurusd? Knowing what is happening know will help you determine what is likely going to happen AFTER the data is released.
🪄 Watch and find out!
🎩 Thanks for watching our daily morning shows, Mon-Fir, 8am EST. See you next time.