A Guide to trade FED interest rate Decisions today 18sep..
Scenario 1 : Hawkish Fed -- EURUSD will fall and find support
near previous low which will offer good buy Zone .
Scenario 2 : Dovish Feds -- EURUSD will rise and expected to find resistance
near 1,12 zone , Sell from there to retest trendline.
On Price breaking Above we will see pair breaking above range and possible
longer term bullish Move , will be safer to buy from horizontal support on retest
Scenario 1 : Hawkish Fed -- EURUSD will fall and find support
near previous low which will offer good buy Zone .
Scenario 2 : Dovish Feds -- EURUSD will rise and expected to find resistance
near 1,12 zone , Sell from there to retest trendline.
On Price breaking Above we will see pair breaking above range and possible
longer term bullish Move , will be safer to buy from horizontal support on retest