Forex market analytics as of September 20, 2023

Hello. Below are several recommendations for trading on the Forex market as of September 20, 2023


On the EURUSD pair we reached level 1 .0709 and giving the reaction formed a pin bar. There are still many buyers in the transaction statistics, which encourages a fall. Tomorrow, before the evening news on the Fed interest rate, I will try to look for sales. I hope they will give me the opportunity to sell, and by the time the news comes, I’ll break even. The first targets are just below the level of 1.0635, if we get past it, we can hold it up to 1.0515. Cancellation of the entire scenario, if during the day we fall below the level of 1.0635, there will simply be no transactions there, monitor the development of the situation.

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