Dear Surfers, lets take a look at the market.
How did it go yesterday
Yesterday the price fell up to retest 1.1000 area. No signal for us.
Today, the price may offer us some good trade: in fact, we are in a interesting technically situation, with a support trendline and resistance that forced the price in a vise in which will not last for a long time. The DP has been tested and the triad is in mixed configuration.
Plan of the day
The 1.1100 area, home to a confluence of resistance, could be tested again. We will monitor the price even in with this configuration.
Significant economic news
8:00pm USD FOMC Statement
USD Federal Funds Rate
Surfingthepips staff wishes you all a good day.
Daniele Angellotti Certified Trader | SurfingThePips.com