Euro / U.S. Dollar
Short
Updated

EURUSD - 28 Mar, breaktrend - moving in a downtrend H1

120
EURUSD trend forecast March 28, 2025

💬The United States (US) Bureau of Economic Analysis (BEA) is scheduled to release the Personal Consumption Expenditures (PCE) Price Index data for February on Friday at 12:30 GMT. This index serves as the Federal Reserve’s (Fed) preferred gauge of inflation.

PCE inflation data is often considered a major market mover, as it plays a crucial role in shaping the Fed's monetary policy decisions. During the press conference following the March meeting, Fed Chairman Jerome Powell emphasized that tightening policy would not be appropriate if inflationary pressures were to subside naturally. He also stated, “We will know in a couple of months if the rise in goods inflation during the first two months of the year was driven by tariffs.”

💬 EURUSD is in a downtrend H1, breaktrend with good news forecast for USD today

🥇/// SELL EURUSD: zone 1.07750 - 1.07850

SL: 1.08100

TP: 40 - 60 - 100pips ( 1.06850 )


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