Dear traders,
we are nearly there.
Today at 8.00PM (Rome Time) FOMC will be out and it is a last call for EURUSD to invert this bullish trend.
If it will, then it is quite possible that USD will gain in all USD-based major instruments.
If not, then this may not be a corrective rally but rather I would say this market is now (almost) in uptrend.
IMHO: dont take any position today and lets see what FOMC has to offer in term of high probability trades.
Cheers
R
we are nearly there.
Today at 8.00PM (Rome Time) FOMC will be out and it is a last call for EURUSD to invert this bullish trend.
If it will, then it is quite possible that USD will gain in all USD-based major instruments.
If not, then this may not be a corrective rally but rather I would say this market is now (almost) in uptrend.
IMHO: dont take any position today and lets see what FOMC has to offer in term of high probability trades.
Cheers
R