There are two things we are looking at prior to the activity from the U.S. Fed. This short opportunity for EU is based on the anticipated rate hike of 0.25%, which historically suggests a strong dollar. This comes as DXY is at a crucial long and short term support level.
EU is currently in a well tested resistance zone. We are looking to make a short position following the news at 2:00 pm EST. Target is 100 pips.
EU is currently in a well tested resistance zone. We are looking to make a short position following the news at 2:00 pm EST. Target is 100 pips.
Transaction en cours:
+42 pips