EURUSD tested the strongest support at: 1.11800 twice But was not able to break that.. Buyers are in full control now.. USD is going to get more weaker after Dovish Fed Statement regarding rate hikes this year..
Eurusd is going to go upward due to no Usd rate hike this year. Dollars has been dominating the market since the start of this year. President Trump is not happy with Strong dollars which will possibly deteriorate U.S Economy.
Buy Range: 1.12300-1.12600
Take Profit: 1.14350
Stop Loss: 1.11800
Buy Eurusd at 1.1260-1250 Take the profit around 1.1460-1.1480 Stop Loss at 1.1180
The previous Channel was invalidated. A new channel has been Reformed. Beside this Us dollars is going to get weaker in upcoming weeks. The main Reason President Trump doesn't want Us Dollars to get more stronger So Fed was dovish recently.
