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:
3365
Support and resistance levels
3428
3404
3389
3340
3325
3301
Trading strategy:
If the price breaks through 3365, consider buying, the first target price is 3389
If the price breaks through 3340, consider selling, the first target price is 3325
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:
3365
Support and resistance levels
3428
3404
3389
3340
3325
3301
Trading strategy:
If the price breaks through 3365, consider buying, the first target price is 3389
If the price breaks through 3340, consider selling, the first target price is 3325
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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.
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.