EURUSD dropped down to past support after US Fed announced they will plan to keep rates near 0 for a few years.
Technicals still point upwards but wait for the following confirmations before entering.
Buy Signal: Wait for a daily close above support with a strong bull candlestick. Sell Signal: If we have a break and close under 1.1700 we'll look to sell.
Be patient on this trade. Wait for confirmations before entering.
Price closed above support yesterday, price now up and looking for a bull close today to enter buys. So far we are 70 pips above of support after a bounce.
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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.