EUR/USD holds losses, in the context of the US dollar rise
EUR/USD is being traded at a low level of weekly, namely less than 1,0650. In the fifth session in Europe
About market news:
As expected, the Federal Reserve has maintained the current interest rate, but they haunted that there may be another interest rate hike before this year ends. This news has increased the yield of US bonds to the highest level in a few years, leading to a stronger US dollar.
Technical about:
This pair of money has escaped the trend of increasing the potential in the blue frame and has broken this trend to return to the main trend of decreasing, so the likelihood of decrease is quite a lot.
About market news:
As expected, the Federal Reserve has maintained the current interest rate, but they haunted that there may be another interest rate hike before this year ends. This news has increased the yield of US bonds to the highest level in a few years, leading to a stronger US dollar.
Technical about:
This pair of money has escaped the trend of increasing the potential in the blue frame and has broken this trend to return to the main trend of decreasing, so the likelihood of decrease is quite a lot.
Kommentar:
good luck traders
