CJPointFX

EURUSD Shorts Approaching parity

Short
OANDA:EURUSD   Euro / U.S. Dollar
-The dollar is coming in weak this week as EURUSD is approaching parity. Will be waiting for the institutional sellers to enter the market around 1.0000, then looking to enter the market after clear selling pressure.

-This pair has been due for a pullback for a few weeks now.

-The FED is remaining hawkish, as we are waiting a potential 1.0 bp hike at the next FOMC meeting so I'm still bullish on the $, assuming this is just a bear market rally.
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