Euro holding support level ahead of Fed Decision

Euro holding support level ahead of Fed Decision

Rami
14 (12) 2016 - 11:04 (GMT)
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EURUSD managed to hit prices above (1.0650) zone which consider the first signs of more advance market as previous report advised (see here), while above (1.0680) more advance will be expected toward (1.0780-1.0800) zone within Intraday-Levels.

Support level at (1.0590) where as long as market holding above more advance will be expected toward (1.0780-1.0800) zone.

Below (1.0590) the old Short-Run target will back to stage toward (1.0460-80) which in turn may push the market for rebound correction wave.

Financial Markets awaiting Fed Rate Decision today where most odds signaling a hike by (0.25) point, while after that the Press Conference for Janet Yellen

 

EURUSD

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Rami

Rami

Hi all, my name is Rami, with more than 16 years experience in Forex Market, switching from Brokerage field to Fund Management and Risk Management specialty.I had an idea to establish a Home Page to present my thoughts on Forex Market from three different angle or prospective, Mid-Run, Short-Run & Intraday movements .

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