KlejdiCuni

EURUSD: Ahead of FOMC

Long
OANDA:EURUSD   Euro / U.S. Dollar
EURUSD: Ahead of FOMC

The most important news for today is the Fed Interest Rate Decision.

During FOMC Press Conference the market is going to face with the speculations related to:
1. The increase in the interest rate
2.Monetary policy statement if there will be any changes
3.FOMC position considering the actual market position

All the above will create a big mess but today. For the most part of the day I am expecting that
the USD pairs will make sideways moves with very low volume as it usually happens.

I am looking at two scenarios on for EURUSD.

Thank you and Good Luck!

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