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The EUR/USD pair closed with solid gains

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 21, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD The EUR/USD pair closed with solid gains for third week inarow, but retreated on Friday mostly on profit taking. However, the latest FED's decision has sealed the future of the greenback, offering quite a negative outlook for further tightening of the economic policy, as FOMC members' median projection of rates was cut by about 50bp, leaving just two possible hikes for this year, pretty much taking out of the table any kind of announcement until September. Over the past two weeks, the

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