The Fed rate hike is setting Eur/Usd up for the perfect long entry

It seems that the Usd was priced in before the rate hike today, as the markets hardly moved on the decision
Eur/Usd is becoming very interesting now

I wrote about a healthy retracement in Eur/Usd in the technical analysis a few days ago
It would seem that the Usd move up - and subsequent Eur retracement will provide such a move

If a currency - like the Eur/Usd now - shifts from bearish to bullish, then retracement should come first
This is just healthy market mechanics
61.8% Fibonacci retracement for Eur/Usd on the daily chart lies around 107.5
If this level holds then we should see previous highs above 1.10 break soon

I will be buying at this level

gl all
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