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ForexTrendline
Sep 21, 2021 4:55 AM

EURUSD awaiting the FED  

EURO / U.S. DOLLARICE

Description

The most important news for this month are due tomorrow - the FED interest rate decision.
Usually, before such a news price is trading sideways and we shouldn't be entering trades with a lot of risk.

That's what we're expecting now as well - slow price action which should find it's direction after the news.

We are currently looking at a downside direction and that's what we would expect after the news as well.

After the news we will have confirmed trading ideas and a confirmed trend as well.
Comments
exploration
I think its best to post charts that have high probability for win rate verse only speculation to rise or fall. That way you feel better. I like the Fx vision. I made it to the Top 5 years ago here at trading view by practicing charting with high probability wins but since became more inactive here at trading view as time went by.
exploration
ForexTrendline
@exploration, do what you have to do mate and we'll do what we usually do
nordinecompt
Taper begins december : good for usd or not ?
jojofang0901
nice watching and waiting after Wednesday :)
ForexTrendline
@jojofang0901, that's right, thanks!
FXKillA
Yes 📈💰👍🏼
ForexTrendline
@FXKillA, thanks!
UnknownUnicorn4127247
100% agree! Good work!
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