Forex EUR/USD Daily Video, December 14, 2022

Sive Morten

Special Consultant to the FPA
Messages
18,564
Good morning,

We suggest that EUR stands in the area where downside action has solid chances to start. We prefer to wait for clear signs of reversal, because EUR still could try to reach 1.0688 target due to yesterday's upside momentum. Still, there are other options of position taking exists:

 
I think we are coming now to critical moments. The Fed decision later today is obvious Big factor but looking at markets across the Board all are at major critical levels. The Stock markets are at Make or Break' key levels too with BIG spike on S&P and Dow yesterday! I will be looking today to taking short positions subject to outcome of Fed decision! :)
 
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