Business
TO BURST. A number of major currency pairs are taking a break. After that ?
The dollar is making headway against a number of major currencies.
As a result, it was time to review a number of pairs and provide an updated technical overview of our situation, risks and objectives of each.
In the video I watch:
- EURUSD: 0.16
- USDCHF: 1:11
- USD/NZD: 2:20
- USDCAD 3:45
- GBPUSD 4:46
- Conclusion: 5:36
Of course, the FOMC rate decision will happen tomorrow. Depending on what the statement and Chairman Powell say will ultimately determine the next move, but the market is voting for a higher bias for the USD. What is needed now to change this prejudice?
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