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Daily Strategy - On focus FOMC Rate Decision tomorrow |
Mar 20, 2018, 07:25 AM
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Group: Members Posts: 113 Joined: February 25, 2016 From: Belgium Member No.: 27,915 |
Mar 20, 2018, 07:25 AM
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#1
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EURUSD (1.2339)
Trend: Neutral Support/Resistance: 1.2260 - 1.2415 The biggest event come not today but tomorrow on Wednesday but is widely dominate over the forex market. It is FOMC Rate Decision as is expecting Fed to hike Interest rates with 25 bps. It is expecting the key Interest rates to up to 1.75% from the current 1.50%. For today is possible temporary recovery of the Dollar. The recovery may continue as the Interest rates in United States rises while ECB Interest rates are at 0.0% and may stay for longer time. World-Signals.com trading strategy for today is to use the key support at 1.2260. Use this level as Stop and higher level to open long positions with a profit 25-35 pips today. World-Signals.com - Forex, Stock, Energy and Metal signals to the world
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