Big win for our community…
The Fed cut rates by 0.25%, flagged slower job growth, and projected another 50 bps of easing this year. Powell kept it cautious, balancing jobs risk with sticky inflation.
But here’s the real story for us traders 👇
The chart played out to perfection. Both key targets we flagged got hit:
First, the upside push tagged 1.1900.🎯
Then, sellers smacked it all the way down into the 100-day moving average support.🎯
That’s not random, it’s exactly how support/resistance and moving averages shape market structure.
Lesson here: when you map the key levels and understand how they interact with fundamentals, you’re not guessing, you’re following the playbook.😉
The move gave us:
📈 A clean breakout trade for bulls.
📉 A textbook fade back to moving average support for bears.
Now, EUR/USD sits back near 1.1830, waiting for its next catalyst.
💡 This is why we focus on levels + lessons.
