DavidPascucci

EURUSD FED Hike Rate Dynamics

Long
FX:EURUSD   Euro / U.S. Dollar
RATE HIKE EVENT: Discounted by the market

USD is on its highs so it's discounting this event.
DYNAMICS: EURUSD down on Rate Hike as a first effect on the market. Then we will see an acceleration to higher levels from 1,0590 area to 1,0690 and over 1,07.

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