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Khairi_RL
Mar 21, 2023 4:47 PM

EurUsd Fed's Rate Decision | Sideway or Downtrend?  Long

Euro Fx/U.S. DollarFXCM

Description

My personal opinion on price movement based on Fed Decision.

Fed Decision:
1. Interest rate Increase (Most likely)
USD temporarily become strong.
Price will drop until 1.05300 and slowly climb back to 1.07500


2. No Changes in Interest Rate (Pausible)
Price will retest at 1.06500
or
Will possibly break resistance 1.08000


3. Interest rate Decrease (Unlikely)
Price break above 1.08000.
Market will trade between 1.08000 - 1.10000.

Comments
Khairi_RL
*climb back to 1.07800
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