Another FOMC Next Week. This is why markets are slow.

With Fed meetings back to back every 2 weeks instead of every 2 months, this has caused a slow down in price action as traders/investors wait for these meetings to pass instead of entering prematurely before market reactions.

Seems like the entire globe is wondering and watching to see if equities enter a correctional phase. If this ascending support breaks to the downside, that may begin the correctional phase. Let's see....

---

Like, Comment, Share..

Trade Safe - Trade Well

Regards,
Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc.

RISK DISCLAIMER
Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in Forex you should consider your knowledge, investment objectives, and your risk appetite. Only trade/invest with funds you can afford to lose