Tomorrow is FOMC Minutes :
There are two options :
- FED taper
- FED no taper.
I draw on the chart two level U/C will test depend on the FED decision.
If you choose FED taper: U/C soars to 1.12
If you choose FED no taper : U/C falls down to 1.10
Two options, what will you choose ?. I choose no taper. I SHORT U/C to 1.10 level.
This options look like you throw a coin : HEAD or TAIL. It's up on your mood... GOOD LUCK.