Hello Guys! We are still seeing some selloff on the US Dollar with the increasing probability of a 25 bps increase as the next monetary policy from the FED... On the technical side, price is sitting on a pivot point and has broken the triangle on the 30min Timeframe. After all of these confluences, I took the decision to open a BUY postion for the next few days until our next FED meeting. Target $2011 !
Comment:
Holding over the weekend!
Comment:
Core PCE Price Index m/m came out as expected, it will go in our favor!
Comment:
Volume is increasing since FOMC. Trending again, I am holding strong!