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EURUSD
The chart speaks for itself. Yesterday’s FOMC helped to set the direction that the currency pair had after the first signal of breaking the trendline. Everything is clearly shown in the image, with a circle I marked the place of the breakout and correction which was a signal to reverse this earlier slow increase in price. Currently, we can even expect a breakout of support and a continuation of the downtrend, but when creating double lows or highs, you should have your finger on the trigger because these are places where there are usually many orders opposite to the movement.
So in the case of a rebound signal, you can take a risk, but not going “I’ll try, maybe I can do it” .. This is not an approach!
