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ForexTrendline
Jan 25, 2022 5:53 AM

EURUSD awaiting FED 

EURO / U.S. DOLLARICE

Description

Tomorrow we have important news for the USD.
The interest rate decision together with the press-conference that comes with it are currently the most important news for pretty much all markets.

They affect the USD directly and also the rest of the currency pairs.

In most cases, the market participants are not trading just before or during the news, but they patiently wait for the end of those events.

This is what we are doing right now.

Our expectations are that we will see big moves during the news and a possible rise to around 1,1400, followed by rejection afterwards.

In case of a signal candle after the news with a long wick to the upside, we will look for potential entries.

Before that we're just waiting and analyzing anything that happens.

Be patient and good luck!
Comments
jojofang0901
not sure about if price can push that high, but certainly agree with you bearish bias as well thx
ForexTrendline
@jojofang0901, thanks for your comment, let's see!
TradingAlchemist
Awesome
ProjectSyndicate
alright this is perfect thank you
Solldy
Thanks for the idea.
Michael_Winner
Love this analysis! Thanks for sharing your eurusd idea
ForexTrendline
@S-group, You're very welcome!
YMGroup
awesome euro plan mate, I'm agree and think is way down is open
ForexTrendline
@YMGroup, that's right!
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