Sharing this 1H chart analysis with you here:
EURUSD needs to rise above 0272, so it can have some chances to rise at the first resistance level (0325). If, it reach there I expect a reaction to the downside (blue shaded area) or if, it closes above for the day a rise to the next level of supply (0383/67).
A drop below yesterdays low at 0236 could bring 0210/0200 at the bottom of this chart, or lower maybe at 0188.
FOMC today is what may help the USD the most, but profit taking is what to watch!
EURUSD needs to rise above 0272, so it can have some chances to rise at the first resistance level (0325). If, it reach there I expect a reaction to the downside (blue shaded area) or if, it closes above for the day a rise to the next level of supply (0383/67).
A drop below yesterdays low at 0236 could bring 0210/0200 at the bottom of this chart, or lower maybe at 0188.
FOMC today is what may help the USD the most, but profit taking is what to watch!
Looking for profitable short term trades ...|
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