Reply To: Traders Market Weekly: US Elections, Rates and Inflation

#46883
MoneyNeverSleeps
Participant

EURUSD back below 0.99153 support at 0.9898. The 38.2% retracement of the move up from the September 28 low comes in at 0.98799.

The low yesterday did break that level on its way to a intraday low of 0. 98722. Today’s Asian session low came in at 0.9876 as the bias shifts ahead of the FOMC decision and press conference from chair Powell.