Euro / U.S. Dollar
Short
Updated

EURUSD SHORT/ SELL

πŸ”° Pair Name : EUR/USD
πŸ”° Time Frame : 1H/4H
πŸ”° Scale Type : MID Scale
πŸ”° Direction : SHORT/SELL

πŸ“ŠπŸ“‰ EURUSD Technical Analysis πŸ“‰πŸ“Š

Greetings fellow traders! πŸŒπŸ“ˆ Taking a purely technical perspective on EURUSD, we observed a significant plummet yesterday, attributed in part to the FOMC minutes. This abrupt decline left a residual liquidity trail, indicating a market imbalance that calls for re-equilibration. πŸ”„βš–οΈ Before entertaining the possibility of further downward movements, we anticipate a potential price correction towards, or even to, the lower bounds of the daily demand zone. πŸ“‰βš™οΈ

πŸ“° On the fundamental front, we've attached a relevant article discussing the FOMC meeting briefing. Over the next six weeks, brace yourselves for a potent USD rally, potentially spurred by apprehensions surrounding the Fed's contemplation of interest rate hikes. πŸ¦πŸ’Ό

Remember, trading prudently is paramount. Always prioritize risk management and informed decision-making. πŸ›‘οΈπŸ’‘ Trade wisely and stay vigilant. πŸš€πŸ’°

#EURUSDAnalysis #TechnicalPerspective #FundamentalOutlook #StayInformed #TradeSafely πŸ“ŠπŸ“‰πŸ“°πŸ’ΌπŸ“ˆπŸ›‘οΈ
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