Tonight we have the FOMC meeting which has the two possible outcomes, no increase which would result in a rally upwards breaking resistance or an increased rate followed by possibly a new lower low.
Straight away you can see price has been stuck in consolidation since the beginning of 2015. We are now trading below a very important resistance and above our 200 , the news tonight will determine our future short-term market positions!
If you have any additional analysis on the shorter time frames please feel free to share it below.
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