FxWirePro
Long

EUR/USD Short term Outlook

FX:EURUSD   Euro / U.S. Dollar
756 1 4
EUR/USD             has broken major resistance 1.0680 after FOMC Meeting and is expected to reach till 1.0898 in short term. On the downside 1.0680 (Resistance turned into support) will be acting as short term support and nay break below will drag the pair further down till 1.0618(20 day HMA ). Short term major support is around 1.0550 (17th Mar low).

Indicators (1 Hour Chart)
CCI (50)- Buy
CCI (14)- Buy
Ichimoku-Buy

Recommendation :Buy EUR/USD             around 1.0750, Sl 1.0680, Target 1.08980
Target achieved :)
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