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.

Technical analysis

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