EURUSD trend forecast March 20, 2025
💬EUR/USD remained well-supported above the 1.0900 level on Wednesday, buoyed by a softer US Dollar following the Federal Reserve’s (Fed) decision to keep interest rates unchanged, aligning with market expectations.
Fed Chair Jerome Powell highlighted that economic growth projections for 2025 have been significantly impacted by the Trump administration’s unpredictable approach to trade tariffs, which were often announced on social media and later reversed. Consequently, the Federal Open Market Committee (FOMC) revised its end-2025 Gross Domestic Product (GDP) forecast down to 1.7%, a notable drop from the 2.1% estimate released in December.
💬 Moving within 2 H1 trendlines in a downtrend, waiting for a sell signal in line with the trend
🥇/// SELL EURUSD: zone 1.09200 - 1.09300
SL: 1.09600
TP: 40 - 60 - 100pips ( 1.08300 )
Safe and profitable trading