EURUSD 4h

MacroBeat

Member
64 11
EURUSD 4h- after the false break at 1.2120 this morning, running right into the daily support at 1.2105... we have seen the USD getting sold again during the day for very little general news... next up is the FOMC meeting tomorrow and it just feels that we will stay in range and hence i think that this 1.2175 area here in EURUSD should be the end of this current rally.... Range still 1.2120 vs 1.2175
THESE ARE MY OWN VIEWS AND ARE NOT INVESTEMENT RESEARCH
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MacroBeat

Member
64 11
EURUSD 4h- after the false break at 1.2120 this morning, running right into the daily support at 1.2105... we have seen the USD getting sold again during the day for very little general news... next up is the FOMC meeting tomorrow and it just feels that we will stay in range and hence i think that this 1.2175 area here in EURUSD should be the end of this current rally.... Range still 1.2120 vs 1.2175
THESE ARE MY OWN VIEWS AND ARE NOT INVESTEMENT RESEARCH
View attachment 295171
I have taken back most of the shorts for now against the key 12065 fibo support... but very keen to sell any rally again, especially after the ECB Knot comments yesterday which were probably among the most important ECB comments for many years.... any rally to 1.2175 1.2200 has to be sold again i feel

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MacroBeat

Member
64 11
I WOULD STRONGLY HOPE THAT THE T2W SUPPORT TEAM REMVOES THE POST FROM _BETA AS INAPPROPRIATE COMMERCIAL
 
 
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