EURUSD Analysis: Federal Bank Cut

Althought it was expected when it was suggested by Trumb suggestion to decerase the interests but the fast respond by Fed to take this action for first time since 2008 surprised everyone which affected all USD pairs negatively.
We need to know that Trumb and US markets were not satisfied to decrease only half point, so we may expect another decrease in future.

However, EURUSD will fall down as an instant reaction. Today we have some USD imapct news so i prefer to step back and wait the market till it get setteled.

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Disclaimer
Doing your own analysis is always highly recommended