As there is uncertainty surrounding the banking system from the previous week and with the upcoming Fed Interest Rate decision, I anticipate that the USD will begin to weaken, regardless of whether the Fed decides to increase the interest rate by another 25 pts I plan to observe the price movement before taking any action and once the Fed announces the Interest rate decision outcome, I will initiate a long position at one of the three buy zones.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.