The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
EURUSD is finding a fair bit of downside following the Fed announcing they have changed their interest rate outlook. The fed announced it's projections to change rates in 2023 instead of 2024 on Wednesday, and as a result the USD is back as king. Surprise surprise, the currency of global trade and debt is making a comeback. If you had seen our USDCHF monthly pivot...
