Today is the ECB Interest Rate decision.
We don't expect to see any changes but there's always a market reaction.
Usually, the big moves are during the press conference 45 minutes after the Interest rates comes out.
Technically, we're looking at this upside move as a pullback and we will be looking for selling opportunities.
There's still a chance to see price rising up to around 1,1350 and then finding resistance around those values.
That could also happen during NFP tomorrow.
Don't rush with your entries before the news or at least use bigger stops in order to protect yourself from those long wicks.
We don't expect to see any changes but there's always a market reaction.
Usually, the big moves are during the press conference 45 minutes after the Interest rates comes out.
Technically, we're looking at this upside move as a pullback and we will be looking for selling opportunities.
There's still a chance to see price rising up to around 1,1350 and then finding resistance around those values.
That could also happen during NFP tomorrow.
Don't rush with your entries before the news or at least use bigger stops in order to protect yourself from those long wicks.
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❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.