UmarAbdurRehman

EURUSD Uptrend - Buy on corrections

Lång
FX:EURUSD   Euro / USA-dollar
The U.S. dollar is set for the sharpest 2-day drop this year on a dovish Fed; the Federal Reserve signaled that is ready to cut interest rates as early as next month to boost growth.

Technically speaking the market rallied - as I wrote in my previous FOMC idea that higher time frame momentum is strong - for now the shorter term momentum is surging as well and price action been trading within a multi-sessions bullish channel, seeing scope for another move towards 1.1413.

Thank you for your support.

Good Luck.
Handel aktiv:

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.