We have an FOMC statement coming out later which could either continue the Dollar uptrend or potentially reverse from here.
I do not know how It will impact the market, but I will stick with the trend till it ends.
So here are some key levels of the majors that I’m looking at.
The FOMC Charts:
Among the majors, I would favor a short on EURUSD and long USDJPY as it’s relatively weaker compared to the rest.
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Good Trading!
Great chart analysis only 1 line can tell almost everything in the chart.really like the chart it is totally clean and self explanatory.
Thanks for the heads up I was also wanted to go short on EU and NU but missed it, manged to get short entry on AU and closed with 100 pips.
Yeah. Nice short Kam! 🙂