China stocks in a global sell off, SP500 breaking the sideways market, and possibly tanking hard, FOMC in my opinion will not raise hikes in next 6 months. Hectic Asia session gave us a lot to think about. Currently, the most traded currency pair - EURUSD looks like it is targeting strong resistance zone at 1.1538-48. The pair bounced heavily in Asia session coming an inch close to 1.1500. As we can see on the chart the pair is relentlessly going north, coming close to abpve mentioned target.
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