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Level 1.08 is a strong support now
And level 1.09 is strong resistance. When it breaks, it will break big
No range lasts forever, for all we know the FOMC statement tomorrow might end the EUR/USD one.
I think it is unlikely that the FOMC will change its policy this soon, but let's see.
There will be no FED policy change. They do not know what to do
EUR/USD once again bounced off the resistance at 1.0900 and is currently moving to the downside. Its immediate target is around 1.0850.
That was a fake breakout - waiting on FOMC
That was a fake breakout - waiting on FOMC
All is fake - including the FOMC statement
This is ranging 101. Volume is terribly low, and market makers are waiting for suckers to add volume before they can skin us
All is fake - including the FOMC statement
This is ranging 101. Volume is terribly low, and market makers are waiting for suckers to add volume before they can skin usIt is testing the 1.09 level but this is the lamest FOMC statement reaction I have seen so far
It is testing the 1.09 level but this is the lamest FOMC statement reaction I have seen so far
No volume - no way to change it
It is testing the 1.09 level but this is the lamest FOMC statement reaction I have seen so far
Level 1.09 is still going to remain a significant level. It is long known that too strong USD is not in the interest of US. We would be naive if we thought that they are not going to intervene
EURUSD is not heading toward parity. Market makers were wrong - again