Pre FOMC, interest rate decision, I will sell EURUSD
According to recent COT Report the Banks have increased their shorts on the EUR. The price already wanted to drop today, but MM shifted it back up to keep longs in our mind.
So - for FOMC i will sell this pair with a low position to my first target which is the trendline.
So - for FOMC i will sell this pair with a low position to my first target which is the trendline.