Dear Surfers, welcome to our daily analysis, lets take a look at the market.
How did it go yesterday?
Yesterday the price continued to move within the range that we have identified. In recent days, we can not claim to have found a determined EURUSD. However, yesterday we came with a nice SHORT position thanks to an effective secret micropattern which gave us a quick TP2 .
Even today the price persists in its static momentum. It is slowly moving below 1.1300 area without even showing us interesting signals. The scenario still shows us both the trendline resistance and support, however we do not dismiss some operations. The DP has already been tested while the DWM triad remains in its bullish configuration.
Plan of the day
Today, we have a slight preference for LONG positions but as yesterday we will appreciate trade opportunities for SHORT positions as well. . Tonight’s scheduled the FOMC, after that the markets may be volatile and nervous even before the event.
Relevant economic news:
USD FOMC Statement
USD Federal Funds Rate
8:30pm USD FOMC Press Conference
Surfingthepips staff wishes you all a good day.
Daniele Angellotti Certified Trader | SurfingThePips.com