ACTIV8X

EurUsd: Will it calmdown after a very bullish session?

FX:EURUSD   Euro / U.S. Dollar
The EurUsd rallied after the Fed's decision to keep its rates unchanged. I would expect a consolidation today, with 1.13490 as an objective, and 1.14412 as an upper limit. (its hourly bollinger band is broken, suggesting it should re-enter its BBs).

Breaching the upper limit will induce a further upward movement towards 1.14851, with 1.146 as a primary objective.

The daily Pivot Point is around 1.13848, below its opening level. The daily support levels are around 1.13284 and 1.12281. The daily resistance levels are around 1.14851 and 1.15415.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.