Yellow Box is critical Demand Zone.
1900$ to 1893$
Alot of Buy order place in These zones.
So be careful
We have news on 2/2/2013
If FOMC Rate hike announce on 2nd February (Wednesday)
The market expects:
- 98.4% probability of a 25bps rate hike
- 1.6% probability of no rate hike
IMPACT ON #CRYPTOCURRENCY or Forex
A higher interest rate is bad for the markets so closely watch what FOMC meeting bring for us.
&
If the FED signals that they are stopping the rate hike, then we will see many green candles in the coming weeks and months.
1900$ to 1893$
Alot of Buy order place in These zones.
So be careful
We have news on 2/2/2013
If FOMC Rate hike announce on 2nd February (Wednesday)
The market expects:
- 98.4% probability of a 25bps rate hike
- 1.6% probability of no rate hike
IMPACT ON #CRYPTOCURRENCY or Forex
A higher interest rate is bad for the markets so closely watch what FOMC meeting bring for us.
&
If the FED signals that they are stopping the rate hike, then we will see many green candles in the coming weeks and months.