Market news:
The European Central Bank cut interest rates by 25 basis points as expected, the seventh rate cut in the past year, and this decision was unanimous.
Technical analysis:
Today's buying and selling boundaries: 0.6369
Support and resistance levels:
0.6430
0.6407
0.6392
0.6346
0.6331
0.6309
Trading strategy:
If the price breaks through 0.6392, consider buying, the first target price is 0.6407
If the price breaks through 0.6369, consider selling, the first target price is 0.6346
The European Central Bank cut interest rates by 25 basis points as expected, the seventh rate cut in the past year, and this decision was unanimous.
Technical analysis:
Today's buying and selling boundaries: 0.6369
Support and resistance levels:
0.6430
0.6407
0.6392
0.6346
0.6331
0.6309
Trading strategy:
If the price breaks through 0.6392, consider buying, the first target price is 0.6407
If the price breaks through 0.6369, consider selling, the first target price is 0.6346
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.