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Back Technical analysis
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Back Technical analysis
EUR/USD – September 16: The Dollar Is Overbought, and the Fed May Weaken It
The EUR/USD pair traded sideways on
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The EUR/USD pair traded sideways on Tuesday, and traders saw no reason to open risk positions ahead of the Fed meeting. Thus, the euro has reached a certain low from which it may rebound and begin a new bullish trend. Today, caution is required with any trading signals, as the outcome of the Fed meeting will be announced in the evening and may trigger fluctuations in either direction. The wave situation on the hourly chart has turned bearish. The
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Samir Klishi,
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