It's FOMC Day today. Im in Asia. I wont be getting into any trades until tomorrow asia time after the FOMC result.
Just a few thoughts. 75bps is pretty much priced in the market, so i think if its only 75bps plus a dovish message along with it I think market well have a breather and see DXY correcting. Anything higher than 75bps is gonna be wild..
Goodluck trading out there.
here are some markups
USDJPY
eurusd
audusd
www.tradingview.com/x/wkree5Hd/z
gbpusd
1w trading below quarterly level looks over extended very bearish
4h no sign of reversal. Prev candlw was a bullish one but current seems bearish . Stay away
Just a few thoughts. 75bps is pretty much priced in the market, so i think if its only 75bps plus a dovish message along with it I think market well have a breather and see DXY correcting. Anything higher than 75bps is gonna be wild..
Goodluck trading out there.
here are some markups
USDJPY
eurusd
audusd
www.tradingview.com/x/wkree5Hd/z
gbpusd
1w trading below quarterly level looks over extended very bearish
4h no sign of reversal. Prev candlw was a bullish one but current seems bearish . Stay away