FX.co ★ berta.hill | EUR/USD

Hello everyone and profitable trading to you! Today the day will probably not be in favor of buyers, since there is a price consolidation below the 1.1394 level, which corresponds to 23.6 on the Fibonacci grid from the price drop from 1.1600 on the Fed decision. And here it is important that there is a coincidence of both the market peak and a major fundamental event, even though nothing was actually decided at it. But at the same time I repeat that the 23.6 level allows the price to dance around it, which means that today we can calmly move above 1.1394 and arrange another rise in price to 1.1437, from where there will be another opportunity to sell the EUR/USD pair. But I think we already pulled such a trick yesterday, and today I expect the EUR/USD pair to continue falling from the current levels of 1.1391 further to the south. In this case, the target of the decline will be the support at 1.1294, and now I am no longer sure that it is worth buying the EUR/USD pair from there.