Ahead FOMC Interest rates decision the dollar recovery some of the losses by the U.S. Non-farm payrolls report last week. The recovery may continue till Wednesday at 18:00 GMT . The other important events in the week are Retail Sales on Tuesday at 12:30 GMT and Thursday CPI and Core CPI at 12:30 GMT . For the Euro Zone the most important events are EU CPI on Thursday at 9:00 GMT and Friday ECB President Draghi's Speech at 15:00 GMT .
The of EURUSD is formed at 1.1135 while we see at 1.1415. After Fed events on Wednesday one of these levels will down.
World-Signals.com trading strategy this week is to keep short positions until Wednesday. Interest rates rise with 25 bps is already generated by the market so is possible to see weak dollar at the mid of the week.