The Federal Reserve is continuing to print money | 29 Julio 2021

EURUSD trading plan:

The Federal Reserve expects to maintain an accommodative stance of monetary policy. The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent and expects it will be appropriate to maintain this target range until labor market conditions have reached levels consistent with the Committee's assessments of maximum employment and inflation has risen to 2 percent and is on track to moderately exceed 2 percent for some time. The Fed indicated that it would continue to increase its holdings of Treasury securities by at least $80 billion per month and of agency mortgage‑backed securities by at least $40 billion per month until substantial further progress has been made toward its maximum employment and price stability goals.

Investment idea: buy 1.1848 and take profit 1.1900.