Preferred direction: SELL
Comment: After the fall in price against the backdrop of the Fed meeting, the Euro continues to be under pressure and most likely this trend will continue in the short term. The focus is on the level 1.06318, a retest of which is expected, followed by a downward fall. The trigger for the fall is the activation of the stops of buyers who attempted to buy back the instrument after the fall.
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Comment: After the fall in price against the backdrop of the Fed meeting, the Euro continues to be under pressure and most likely this trend will continue in the short term. The focus is on the level 1.06318, a retest of which is expected, followed by a downward fall. The trigger for the fall is the activation of the stops of buyers who attempted to buy back the instrument after the fall.
Thank you for like and share your views!
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