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EURUSD: WAITING FED DECISION (Part 2)

FX_IDC:EURUSD   EURO / US DOLLAR
1573 1 41
a year ago
Today the attention of the operators will be for the FED, even though for us it will be a "non-event", we do not expect changes in monetary policy , but the speculators will take advantage of this event to increase market volatility . For this reason, today it might be interesting to stay on hold for the next technical developments (swing), and remains flat could be the best choice. We sincerely some interesting setup, but the increase in volatility could "mess" movements. technically speaking, eurusd             has a support area 1.0830/1.0840 (intraday), so for those who want to enter this Long is the only area where you can find a "speculative buy opportunity." the MPP to 1.0815 could be used as a barrier to close the Long position (H1 or H4 close). Do not forget what we said, today the session should see an increase in volatility, so caution and Money Management appropriate (reduce size).

Our previous analysis.
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EURUSD: WAITING FED DECISION (Daily Monitor)


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a year ago
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a year ago
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MubashirAhmad
a year ago
good
+1 Reply
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