EURUSD Recovers After Bearish Breakout – What's Next?
EURUSD formed a bearish breakout below a strong support area near 1.1365 as we can see from the chart and bounced back up.
Despite the confirmation was clear for a larger bearish move, EURUSD could not fall any lower.
Speculation that the FED may not raise interest rates further is probably growing even though many articles are writing that the FED may raise interest rates.
In my opinion, the FED may comment to raise rates or may leave the door open for this decision, but I don't see that happening.
Trump wants lower interest rates and Kevin Warsh was elected as the FED chairman just to make this dream a reality for Trump.
However, let's hope that we don't face further manipulation today. We should have a clearer picture after the FOMC meeting.
Bullish Targets:
1.1440
1.1470
You can find more details on the chart.
Thank you and good luck! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
EURUSD formed a bearish breakout below a strong support area near 1.1365 as we can see from the chart and bounced back up.
Despite the confirmation was clear for a larger bearish move, EURUSD could not fall any lower.
Speculation that the FED may not raise interest rates further is probably growing even though many articles are writing that the FED may raise interest rates.
In my opinion, the FED may comment to raise rates or may leave the door open for this decision, but I don't see that happening.
Trump wants lower interest rates and Kevin Warsh was elected as the FED chairman just to make this dream a reality for Trump.
However, let's hope that we don't face further manipulation today. We should have a clearer picture after the FOMC meeting.
Bullish Targets:
1.1440
1.1470
You can find more details on the chart.
Thank you and good luck! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
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✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
