EURUSD Watch breakout during FED rate decision

Short

Euro / US-Dollar (FX:EURUSD)

Aktualisiert

FX:EURUSD Euro / US-Dollar

Hi fellows, I think this trade setup is clean and clear. We are already at the top on weekly time frame. If EURUSD has reversed the longer term down trend then at least it has to correct back to 1.12 or 1.10 before the next up leg. So during FED rate decision watch the strong breakdown on this pair. If we see strong breakdown then keep selling this pair up to 1.10 or even we may see the wave even beyond these numbers. Good Luck fellows.

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We are couple of hrs away from the breakout watch breakout and sell the breakout during the FED rate decision here is the update.

Kommentar:

We have very very strong breakout. look for longer term donside stay in for longer term.

Kommentar:

Watch for the bigger trend break once price clear that break then look for another sell currently it is not at sell place. Fo another sell we need to see clear breakdown and then we will look for TCP and then sell.