SasoKlobucaric
Long

EUR/USD forecast 18 September 2015

FX:EURUSD   Euro Fx/U.S. Dollar
7:20 CET: Rumors about possible rate hike were wrong. Global uncertainty particular in China and lingering low inflation refrained FED from hiking benchmark interest rate yesterday. FED members lowered its economic projections as well, which means that US economy isn't in a good shape yet. The decision of keeping interest bound at 0 - 0.25 may have negative implications on the markets and could lead to a further appreciation of the Euro             currency. We will see if markets react already today. Buy EUR/USD             above 1.1440 today or in case it doesn't go higher today, buy EUR/USD             lows on Monday.
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