EURUSD- 16Feb2022
EURUSD- 16Feb2022
On the daily, price bounced found support at the long-term descending trendline.
On the H4, price rebounded quickly after dropping to 1.1330 area. Now it is still facing bearish pressure from the resistance at 1.3620. With FOMC minutes releasing later today, we will just have to wait out to see the market reactions.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the daily, price bounced found support at the long-term descending trendline.
On the H4, price rebounded quickly after dropping to 1.1330 area. Now it is still facing bearish pressure from the resistance at 1.3620. With FOMC minutes releasing later today, we will just have to wait out to see the market reactions.
This is for personal record purposes only, not financial advise or solicitation of trade.
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