RobertSoos

EURUSD - at resistance ahead of Fed minutes

FX_IDC:EURUSD   Euro / U.S. Dollar
- Risk event: Fed minutes + press conference. Market is pricing a hawkish Fed (rate hike + additional one hike in 2018)
- Technicals: 38.2 Fib + 200 DMA @ 1.1780 -> Market will be volatile with Fed, stops around this level will be hunted -> dont trade ahead/move trailed stops out of the noise, at least 1.5-2%.
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