WisdomArnold

EURUSD SHORT

Short
WisdomArnold Updated   
FX:EURUSD   Euro / U.S. Dollar
We are staying short ahead of next week events, we are targeting possible move to 1.05438.
Comment:
Our first take profit has been hit. Good progress.
Comment:
There will be too much volatility next week due to the Fed funds rate and FOMC, but we will hold our position for our TP2, and make our entry after the events on Wednesday.
Comment:
USD is loosing its strength ahead of the FED, It can possibly buy at the moment up to around 1.07176, I advice a close of the sell position for now we shall make a reentry after Wednesday.

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.