ForxTay

FOMC DECLINED TO EASE MONETARY POLICY

Long
ForxTay Updated   
FX:EURUSD   Euro / U.S. Dollar
FOMC kept the fed funds target range at 5.5% and said that the risks to employment and inflation targets are becoming more balanced. the euro yesterday gave up early rally and suffered moderate losses due to Hawkish comments from Fed Chair POWELL which pushed the dollar higher. so, the Euro has been trading the channel for a while and we are looking for a little break out upwardward. you can draw the channel or wedge from the 4hr time frame. good luck
Comment:
half way our goal
Trade closed: target reached:
we managed to reach two take profits guys although it decided to drop you look for bearish targets
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