EUR/USD Trade the Breakout

26 ก.ย. 2018

In light of Fed Rates being increased in the third quarter, and with insight into future fed rates, we should see the USD strengthen considering the upcoming events.

US10Y are around 3% ahead of the events. A hawkish hike can send them to new multi-year peaks, carrying the USD with them

EEUR/USD could continue its move downwards.

The FOMC meeting should propel EEUR/USD to break through the 4hr trendline.

Resistance Level: 1.18200, 1.17941
Support Level: 1.16168, 1.15161

28 ก.ย. 2018

บันทึก

Congrats to all those who caught the breakout, now look out as price has just hit support level, could see a pullback now