EURUSD post FED
Yesterday, FED hiked the interest rates to 2.5% but that didn't lead to increase in USD.
Those expectations were already played out and we even saw price dropping.
We are still trading sideways and we're yet to see if price will have enough strength to break the resistance.
Right now, we won't trade the EURUSD because it looks like there's not that much momentum to the upside but at the same time it's still early to sell.
It's probably best to focus on the cross pairs where we may have better opportunities!
Those expectations were already played out and we even saw price dropping.
We are still trading sideways and we're yet to see if price will have enough strength to break the resistance.
Right now, we won't trade the EURUSD because it looks like there's not that much momentum to the upside but at the same time it's still early to sell.
It's probably best to focus on the cross pairs where we may have better opportunities!
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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.