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haykeensfx
May 4, 2022 8:27 PM

EURUSD SOAR high in reaction to FOMC data release ! Short

Euro / USDFTX

Description

In reaction to the statement released by FED chairman (FOMC) EURUSD price moved higher breaking a resistance point @1.05957. Its been 3 hours after the FOMC statement, EURUSD is gradually moving above the previous red line toward a former RESISTANCE line @1.07387 .

Besides, looking at the fib indicator 50% level is yet to be touched .
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