capitalpropertiesfx

EURUSD ahead of the FOMC

FX:EURUSD   Euro Fx/U.S. Dollar
424 1 4
I prefer the downside simply because higher TF trend is down. Another reason why I'm cautious about the long side is the US GDP q/q which I think is going to be good and might be even bigger market mover than the FOMC .

Of course as always, it is better to stay away until the risk events are behind us.
New lows in place but as the price action is rather fishy, I'd say that more downside is questionable.
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