Yesterday, the interest rates were raised by 0.75%.
That led to move towards the parity and a big rejection wick- just as expected.
Aggressive entries could've been made right after the news.
We can now expect that this downside move will continue.
The next confirmation would be after a test of 0,9870 and another rejection.
In order for this move to continue, price shouldn't break above 0,9976.
The next target is 0,9750!
That led to move towards the parity and a big rejection wick- just as expected.
Aggressive entries could've been made right after the news.
We can now expect that this downside move will continue.
The next confirmation would be after a test of 0,9870 and another rejection.
In order for this move to continue, price shouldn't break above 0,9976.
The next target is 0,9750!
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❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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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.
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: 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
💡 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.