UmarAbdurRehman

EURUSD Uptrend - Buy on corrections

Long
FX:EURUSD   Euro / U.S. 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.
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