#EURUSD @ 1.10078 : Short-term dips likely supported near 1.0950 – TDS
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for FREE REGISTER to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level1)]
The European Central Bank (ECB) downshifted to a 25 bps hike as expected. The EUR/USD pair came off a bit on the announcement. Economists at TD Securities expect the 1.0950 mark to provide solid support.
“Ultimately, we think the EUR reaction boils down mostly to disappointed positioning. Markets had to reprice some lingering expectations of a 50 bps hike.”
“We continue to look for a break of 1.10 and would look to buy short-term dips towards 1.0950.”
[/s2If]
Nehcap Expert Advisor
The NEHCAP MT4 EA is high quality professional trading system geared to generate returns without using GRID or martingales. Each trade has strict risk per trade parameter. The pairs under management include EURUSD, GBPUSD, AUDCAD, AUDNZD,GBPAUD, EURAUD, EURCAD, CHFJPY and many more.
The system is trading live: LIVE ACCOUNT TRACKING
You can run it free. Apply for a free trial and track our account. Buy the system or use profit share mechanism to generate returns on your MT4.
Join Our Telegram Group
