Hello Price Action Traders.
About 3 hours ago Ben Bernanke spoke after the FOMC. The FED then kept the QE , the plan of monetary accommodation, but with a optimist outlook for the 2014 with an unemployment rate that could go down to 6.5%. The S&P 500 and all US indexes have recorded a decline and the US dollar has strengthened on every major currency. Eur/Usd shows a short price action that can be used to sell this market. Attention: 1.3180 support area is important and if held, could be the basis for a new bullish movement. If price will break this support would open the door for a stronger movement towards 1.3000.
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