Euro / ABD Doları
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EUR/USD Trade the Breakout

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In light of Fed Rates being increased in the third quarter, and with insight into future fed rates, we should see the USD strengthen considering the upcoming events.

US10Y are around 3% ahead of the events. A hawkish hike can send them to new multi-year peaks, carrying the USD with them

EEUR/USD could continue its move downwards.

The FOMC meeting should propel EEUR/USD to break through the 4hr trendline.

Resistance Level: 1.18200, 1.17941
Support Level: 1.16168, 1.15161
Not
Congrats to all those who caught the breakout, now look out as price has just hit support level, could see a pullback now

Feragatname

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