Asian indices fell amid concerns the Federal Reserve may taper its bond purchases, while investors awaited a key policy speech from PM Shinzo Abe. Australia’s gross domestic product rose 0.6 percent during the January-March quarter, against expectations of a rise to 0.8 percent. U.K. services PMI and U.S. ISM Non-Manufacturing PMI are the main events for today.
Trade Idea
EUR/USD
A 4H break and close above 1.3125 could lead price to 1.3240. Alternatively, a break below 1.2995 targets 1.2910.
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