EURUSD: An Expected Upward Trend Of The Rate Towards 1.0260-1.0270

Looking at EURUSD’s chart, we can see that yesterday had quite some volatility when Lagarde announced an interest rate hike of +0.50%, the first one after more than a decade.

Today it is traded at around 1.0191 and we should expect an upward trend of the rate towards 1.0260-1.0270.

(Click on image to enlarge)

EURUSD


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