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Khairi_RL

EurUsd Fed's Rate Decision | Sideway or Downtrend?

Long
Euro / U.S. Dollar (FX:EURUSD)  
Khairi_RL  
FX:EURUSD   Euro / U.S. Dollar
Fundamental Analysis Trend Analysis Chart Patterns EURUSD federalreserve ratedecision
4
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fundamental trendanalysis chartpattern eurusd federalreserve ratedecision
My personal opinion on price movement based on Fed Decision.

Fed Decision:
1. Interest rate Increase (Most likely)
USD temporarily become strong.
Price will drop until 1.05300 and slowly climb back to 1.07500


2. No Changes in Interest Rate (Pausible)
Price will retest at 1.06500
or
Will possibly break resistance 1.08000


3. Interest rate Decrease (Unlikely)
Price break above 1.08000.
Market will trade between 1.08000 - 1.10000.

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