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Important news for EURUSD
Euro / Dollar AS
Important news for EURUSD
Oleh ForexTrendline
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27 Okt 2022
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27 Okt 2022
Today we have ECB Interest Rates decision.
We should see them going up by 0.75%.
No matter what will be the bank's decision, we're going to see big moves on EURUSD.
We could see more bullish pressure on EURUSD, but we have to keep in mind that FED is also coming out with their decision soon.
That means, whatever upside move we see today, it could reverse pretty soon.
That's why, we think the best decision today would be to wait for the news and look for entries after that.
Also, price reaching higher levels will only give us a better sell opportunities.
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