EURUSD after FED
Yesterday, the interest rates were raised by 0.75%.
That led to move towards the parity and a big rejection wick- just as expected.
Aggressive entries could've been made right after the news.
We can now expect that this downside move will continue.
The next confirmation would be after a test of 0,9870 and another rejection.
In order for this move to continue, price shouldn't break above 0,9976.
The next target is 0,9750!
That led to move towards the parity and a big rejection wick- just as expected.
Aggressive entries could've been made right after the news.
We can now expect that this downside move will continue.
The next confirmation would be after a test of 0,9870 and another rejection.
In order for this move to continue, price shouldn't break above 0,9976.
The next target is 0,9750!
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