EURUSD dips on comments
The EURUSD has dipped toward the NY session lows as the dollar moves higher. Yellen said it will be appropriate to raise rates this year. She follows up with "Unexpected events could delay or speed up liftoff" . There is always a caveat.
The EURUSD is remaining above the 200 bar MA on the 5 minute chart at the 1.1130 level but trades below the 100 bar MA at the 1.1167. That is between the goal posts. GOAL.
The weekend will bring added risks. So whatever you do - long or short - think about squaring up. Next week is another week and will bring more trading opportunity to catch a move without the weekend risk.
