During Fed Powell's testimony last night, the market was certain that a rate cut will happen this month.
The dollar fell and EURUSD gained steadily after it broke above a falling trendline.
The falling structure has broken and a rising structure just started to form.
Wait for a pullback and look for buy opportunity around 1.126.
The dollar fell and EURUSD gained steadily after it broke above a falling trendline.
The falling structure has broken and a rising structure just started to form.
Wait for a pullback and look for buy opportunity around 1.126.
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Related publications
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.