Hello Dear Traders & Welcome To Growing Forex
"TRY & REFER THE BOLLINGER BAND WITH RSI"
Be Prepared For A Rate Hike Today (1.00%)
According To Bloomberg The Sentiments Of The Rate Hike Are 94% & It We Are Pretty Much Sure That They Are Going Hike The Rate, The Average True Range Of Volatility Of EURUSD On Rate Hike Is Approx 100-150-200 Pips (according to past rate hikes) That Is Enough To Drag The Price Southwards To 1.0560 or 1.0492 Levels. Trade On The Breakout & Close The Trade On 1.0560 - 1.0492 Levels As Shown In The Chart. This Will Probably Indicate The Completion Of Wave B & Start of Wave C.
KEY EVENTS TO WATCH TODAY :
1. FOMC Economic Projection (report) 11.30 (IST)
2. Fed's Monetary Policy (report) 11.30 (IST)
3. Fed's Interest Rate Decision 11.30 (IST)
4. FOMC Press Conference at 12.00 (IST)
"Don't Waste Your Time With Explanation, People Only Hear What They Want To Hear. "
Good-Luck,
Regards,
Growing Forex.
"TRY & REFER THE BOLLINGER BAND WITH RSI"
Be Prepared For A Rate Hike Today (1.00%)
According To Bloomberg The Sentiments Of The Rate Hike Are 94% & It We Are Pretty Much Sure That They Are Going Hike The Rate, The Average True Range Of Volatility Of EURUSD On Rate Hike Is Approx 100-150-200 Pips (according to past rate hikes) That Is Enough To Drag The Price Southwards To 1.0560 or 1.0492 Levels. Trade On The Breakout & Close The Trade On 1.0560 - 1.0492 Levels As Shown In The Chart. This Will Probably Indicate The Completion Of Wave B & Start of Wave C.
KEY EVENTS TO WATCH TODAY :
1. FOMC Economic Projection (report) 11.30 (IST)
2. Fed's Monetary Policy (report) 11.30 (IST)
3. Fed's Interest Rate Decision 11.30 (IST)
4. FOMC Press Conference at 12.00 (IST)
"Don't Waste Your Time With Explanation, People Only Hear What They Want To Hear. "
Good-Luck,
Regards,
Growing Forex.
