EURUSD Trading Strategy for the Fed Monetary Policy Jan 2020
Updated
EURUSD setup is fairly simple. There may be early indications for USD weakness prior to the Fed monetary policy. Based on the daily chart the price is expected to target 1.1044. The lower support may be re-tested (around 1.0980) when the monetary policy is released but is expected to hold.
The analysis is intentionally kept short and simple.
The analysis is intentionally kept short and simple.
Note
EURUSD is fairly close to acquiring its target.
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