Hello,
this analysis will only be valid until Wednesday 16.12, until the FOMC rate decision.
Theortically, until 0.9050 / 55 the seller have an advantage, and short positions around 0.90 have a chance of execution in the case of the so-called USD shorts covering ahead the Fed:
Selling rallies towards the supply zone 0.8995 / 9030
Stop above 90.55
1st target: 0.8875
Second target: 0.8800
Third target: 0.8725
Good luck
this analysis will only be valid until Wednesday 16.12, until the FOMC rate decision.
Theortically, until 0.9050 / 55 the seller have an advantage, and short positions around 0.90 have a chance of execution in the case of the so-called USD shorts covering ahead the Fed:
Selling rallies towards the supply zone 0.8995 / 9030
Stop above 90.55
1st target: 0.8875
Second target: 0.8800
Third target: 0.8725
Good luck