Eurusd/gbpusd - page 2044
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Here we go : heavy front-running
I believe that it was just some last minute profit taking
Eur/Usd remains above 1.1310 ahead of FOMC meeting, next level to watch on the upside is 1.1339.
It is all about FOMC today - again good US data pushed Euro up
It is all about FOMC today - again good US data pushed Euro up
Those are algos chasing the stop loses
When it breaks 1.1400 anything can happen. That was a long term resistance
I will hold on tell the pair will show the next direction after the big jump to 1.1421 in 15 mins.
Fed didn't change the interest rate and EUR/USD moved to the upside again. The pair will likely reach the resistance at 1.1500 soon, and if it breaks above that level it will probably continue towards the previous high at 1.1713.
Short term (and log term - 1.1400) resistance have been reached. Now it is all up yo market makers, bit do not expect bearish trend on EURUSD any time soon
EURUSD
Now Down And Close After +06:00 Hours
Good Luck
This was so predictable
Just for comparison : see what happened at AUDUSD :
They would not hurt their allies, wouldn't they?