EURUSD: Be careful with Fed information

23 בספט׳ 2023

After the strong bearish signals mentioned earlier, the downward momentum on EURUSD has slowed down, the price has not yet created a new low, instead there is a bullish signal (with the doji dragonfly model) on the daily. However, the previous bearish signals have not been invalidated and the bearish structure still exists, you can still maintain the selling strategy, the target for positions is still around the support level of 1.05, You may consider moving the SL to reduce risks.