My view for EURUSD today. There is trendline liquidity and trendline traders to be taken out. I think price will target their stop losses and then reach for the Daily Buyside liquidity. No entries for me today until FOMC. I will update you on Twitter and here If I enter any trade. Don't rush. Let the price show what it will do at 2.00 PM New York time. PATIENCE!!!
Comment:
Another touch on the trendline on the PMI news. I hope it holds until FOMC and than take all the trendline traders out. If It doesn't hold and gets "destroyed" from now, I think It will give a more clear structure of what it wants to do at 2.00 PM. STAY STILL!!
Trade active:
Beautiful and pinpoint delivery, with what I said about the levels and price