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.

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