Hello Traders,
Today we had a breakout during FOMC that was about 72 pips.
After the breakout, price started to slow down and has created a new support level at 1.15100. Price has shown some form of weakness and is entering a corrective phase after the breakout. Our bias for the next day is definitely bullish and we'd enter on the break of the range to the upside.
Today we had a breakout during FOMC that was about 72 pips.
After the breakout, price started to slow down and has created a new support level at 1.15100. Price has shown some form of weakness and is entering a corrective phase after the breakout. Our bias for the next day is definitely bullish and we'd enter on the break of the range to the upside.
