Judgement day is upon on.
I have a feeling that tonight FOMC will be a BIG one.
It is very likely that USD will set the direction for the next few months. USD shall rise and it shall bring this pair lower.
You will need to keep a look out for 1.2080 level. Once it is not broken up, the chance of BEAR will be getting stronger.
So, watch 131 level carefully.
Trade Safe,
s0nic
I have a feeling that tonight FOMC will be a BIG one.
It is very likely that USD will set the direction for the next few months. USD shall rise and it shall bring this pair lower.
You will need to keep a look out for 1.2080 level. Once it is not broken up, the chance of BEAR will be getting stronger.
So, watch 131 level carefully.
Trade Safe,
s0nic
Note
correction ..It should be 1.2090 level, instead of 131.
Note
Upthrust fails.BEAR BEAR ..likely on the pair now.
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Telegram: t.me/sonictraders
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.