Market news:
The European Central Bank cut three key interest rates by 25 basis points. Lagarde hinted that the rate cut cycle will end, and the market is no longer fully pricing in another 25 basis point rate cut this year.
Technical analysis:
Today's buying and selling boundaries:
62.58
Support and resistance levels:
63.97
63.45
63.12
62.05
61.71
61.19
Trading strategy:
If the price breaks through 63.12, consider buying, and the first target price is 63.45
If the price breaks through 62.58, consider selling, and the first target price is 62.05
The European Central Bank cut three key interest rates by 25 basis points. Lagarde hinted that the rate cut cycle will end, and the market is no longer fully pricing in another 25 basis point rate cut this year.
Technical analysis:
Today's buying and selling boundaries:
62.58
Support and resistance levels:
63.97
63.45
63.12
62.05
61.71
61.19
Trading strategy:
If the price breaks through 63.12, consider buying, and the first target price is 63.45
If the price breaks through 62.58, consider selling, and the first target price is 62.05
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.