EUR/USD after FED’s decision to stay on hold
The buyers are on the run after FED’s stay on hold and dovish Yellen yesterday. They have reached 1.1250 for now where the buyers have stoped today. As I see it, this trend line is the main technical reason for that, as I don’t see anything else here. Take a look at the EUR/USD move inside the channel and H4 spikes and fails. That’s why I see the next clear resistance at 1.1285, after and if the buyers can break this trend line and return the price inside the channel. Even there is a clear sign from the FED that they will not hike at least until December, I don’t see the Euro strong as it should be. There is too many mess around this level in which the pair is holding for a very long time. The buyers are in control, but if the sellers decide to take over here, 1.1200 is the first support on the way back.
Forex Trader 
Odlično si pronašao ovu trendliniju, a kako si i rekao euro nema snagu da potegne kako treba. Na ovaku vijest bi prije odradio 300 pipsova u danu. Sada je 100 upitno. Kako i zašto ne znam?
LikeLiked by 1 person
Da, već dulje vremena je tako oko ove razine 1.1200, kako sam i pisao prije. Također, ovaj kanal i ove H4 svijeće u njemu dovoljno govore da su medvjedi tu spremni za jaku prodaju.
LikeLike