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EUR/USD Signal - Fed Interest Rate Decision - 18 Sep 2019

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EURUSD is trading lower from recent 1.1075 highs. The Fed is expected to cut interest rates, however the key focus remains on the updated economic projections. Any hawkish comments from the Fed Chair Powell might be enough to increase the US dollar demand.

eurusd signal 18 sep 2019

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.