Forex EUR/USD Daily Video, December 16, 2021

Sive Morten

Special Consultant to the FPA
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18,644
Good morning,

As Fed statement was a bit more hawkish, EUR has shown action in both direction. We suggest that backup action mostly was due profit booking by speculators but doesn't reflect the change of the sentiment. That's why we suggest to focus only on short-term bullish scenarios with near standing targets by far:

 
Still Long.on EUR. It's coincidence..as i saw spike down last night i took a Buy Position on $/Kiwi...in anticipation of Double Repo on Daily chart. :)
 
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