Welcome to Fxtradingservices, we provide signals and services to our prime costumers. Possible short position for this asset, fundamentally Powell is planning to cut the interest rate only once as the US economy is doing very well, and the cut of July was just and adjustment of the cycle. We could see a drop back down to 1.11519 if not further down to 1.10000. Be aware of August low volume will take place.