I am back again with another trade.
After my 200 pip gain on my last post to TradingView, I feel quite confident posting about the EURUSD again.
I was looking through the TradingView Ideas tab and saw that most of the ideas were inconclusive after the FOMC came out. It seemed that most traders were expecting a bigger result from the report, but the market has not yet shown any sign.
After looking at the chart for a bit, I drew in a few and saw that we had a major break. Even though I missed the initial rally from that, I believe that it shows that we should see a outlook on the pair giving us the confirmation we need for a stronger Euro and a weaker dollar.
Feel free to comment and share your opinions as they are always welcome. Thanks,