1. Hello Guest Click here to check FX Binary Point Financial Directory

Dollar rises, then comes back down after FOMC meeting minutes

Discussion in 'Technical Analysis' started by ForexLive, Nov 20, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Dollar up, dollar back down. The FOMC meeting minutes were good for dollar strength, then weakness, now back up. The EURUSD fell on my chart to a low of 1.0615 and then rallied all the way back to 1.0650 area. The price is trading more toward the middle - above the prior lows for the day at 1.0622. A move below that level to solicit more selling.

    Read full forex technical analysis here

Share This Page