EUR/USD, October 28.
After US durable goods Sept. weaker data -1,3% vs +0,5% exp. EUR/USD rise 50 pips, hit MA200 H4 and aproaching down trendline at 1.2775. If the pair manage to brake that line next stronger resistance is waiting at 1.2840/50. That level is 23.6 fibo retracement from EUR/USD May/September fall, allready reject the pair at October 15.
Hit that down trendline and back to 1.2630 at this moment. FOMC move this strong.
Great analysis too, EUR/USD is hold by MA200. The pair is waiting FOMC here?
Yap, stuck at 1.2745 for now, but looking bullish.