Hello everyone, today, December 14, 2022, when we saw the movement and weakening of the US dollar due to yesterday’s inflation rate, today is a fateful and important day for the US dollar and the entire markets, because the interest rate and the decision of the Federal Reserve and its outlook for the financial market It is very important because it determines the flow of risk taking and contraction policies for the next year.
“”There are different scenarios for tonight’s meeting of the Federal Reserve, it should be seen what is the reaction of the traders to this meeting””
The euro-dollar currency pair, which recently managed to break through its resistance, has now prepared the way for further ascent, the important thing is to maintain this level if the price penetrates below it again and a fake breakout is formed. We expect the formation of a strong and downward movement for the euro, which can recover part of its rise to the price of 1.047, but considering the current price situation, as long as it is above 1.059, it can grow and continue to climb to the key level of 1. There are also 07 to 1.075
Considering the price conditions and tonight’s news, it is better to wait for the results of the meeting first, then trade according to it
