The EURUSD Attempted to Move Higher after the U.S. CPI Data

The euro seesawed today and briefly traded near 1.1950 after the U.S. inflation numbers missed the expectation in April.

The euro’s short lived strength against the U.S. dollar was caused by the weaker than expected U.S. CPI data.  After briefly touched 1.1940, the euro reversed its course and headed down toward 1.1880.

There has been 1 trade from my MT4 EA since the last update.  It was a loss.

The strategy can be found here.

The previous week’s result can be found here.

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