Today , the focus , of course, will be the FOMC 's decision on monetary policy . A Bloomberg poll of 68 economists showed that most of the interviewees
but do not expect the Fed start cutting monthly JGB holdings worth its $
85 billion today. I think they would do it , though of course the decision will be balanced in a reasonable manner . If they actually decided not cuts , competition for me that the dollar
will be dumped because there are still some people actually expect the
cuts will start today
EUR / USD has strengthened in yesterday continued in support levels between
1.3710 ( S1 ) and key 1.3800 resistance ( R1 ) coincides with the
expansion threshold of 200 % dropped before upturn appear . Exchange rate escape upward resistance thresholds between 1.3800 ( R1 ) and the
highest level of the scale 10 at 1.3830 ( R2 ) , to signal the
continuation of the trend increases . If the exchange rate below the threshold pen down 1.3710 ( S1 ) we have reason to assert extended decline . As long as the pair formed soon and the highest level higher than the
lowest high with a similar level and exchange rate above all moving
averages 2 upward trend will continue to exist .
Support levels: 1.3710 ( S1 ) , 1.3655 ( S2 ) , 1.3600 ( S3 ) .
Resistance levels: 1.3800 ( R1 ) , 1.3830 ( R2 ) , 1935 ( R3 ) .
but do not expect the Fed start cutting monthly JGB holdings worth its $
85 billion today. I think they would do it , though of course the decision will be balanced in a reasonable manner . If they actually decided not cuts , competition for me that the dollar
will be dumped because there are still some people actually expect the
cuts will start today
EUR / USD has strengthened in yesterday continued in support levels between
1.3710 ( S1 ) and key 1.3800 resistance ( R1 ) coincides with the
expansion threshold of 200 % dropped before upturn appear . Exchange rate escape upward resistance thresholds between 1.3800 ( R1 ) and the
highest level of the scale 10 at 1.3830 ( R2 ) , to signal the
continuation of the trend increases . If the exchange rate below the threshold pen down 1.3710 ( S1 ) we have reason to assert extended decline . As long as the pair formed soon and the highest level higher than the
lowest high with a similar level and exchange rate above all moving
averages 2 upward trend will continue to exist .
Support levels: 1.3710 ( S1 ) , 1.3655 ( S2 ) , 1.3600 ( S3 ) .
Resistance levels: 1.3800 ( R1 ) , 1.3830 ( R2 ) , 1935 ( R3 ) .