The rally has begun. Euro long
Today, the Fed will cut the rate by 25%, it has already been practically decided and everything will depend on what Mr. Powell says at the press conference.
With a 90% probability, it will give the markets the opportunity to grow, i.e. I think everything will start today. However, for growth, we need to collect liquidity at the bottom, so we will probably make a downward movement of 200-300 pips, and then fly into the sky;)
Upon reaching the level of 1.07-1.07250, I advise you to close positions, because in the near future I expect parity.
With a 90% probability, it will give the markets the opportunity to grow, i.e. I think everything will start today. However, for growth, we need to collect liquidity at the bottom, so we will probably make a downward movement of 200-300 pips, and then fly into the sky;)
Upon reaching the level of 1.07-1.07250, I advise you to close positions, because in the near future I expect parity.
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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.
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.