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EUR/USD ticks higher after Fed meeting

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 28, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Technical Analysis EUR/USD ticks higher after Fed meeting “The Fed is really in a wait-and-see mode. They want to see if everything in the global economy and financial markets is really going to bleed through and affect inflation and their outlook for the economy.” - Moody’s Analytics (based on Bloomberg) Pair’s Outlook A dense and difficult resistance cluster ahead of the spot makes the mid-term bearish scenario much more likely than the bullish one. Short-term volatility can be positive for

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