Euro / U.S. DollarShort
EURUSD Update More Bearishness ahead
Hi fellow traders, big night for all the Dollar bulls out there. The FED just changed their approach on rate policy. They are planning to raise rates 2 times till 2023. All the way up to 2%. So we can expect the downtrend to continue. We could see pullbacks, but I feel most of investors are bullish on USD from this moment on. So as retail traders let the sharks guide and we will follow. I will be looking for opportunities to short the USD on major resistance levels. Good luck.
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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.