Pre FOMC Rates Decision Analysis
DXY: Consolidate around 100.90, (if 50bps cut) needs to break 100.60 to trade down to 100 round number support. (if 25bps cut) bounce from 100.60 to bearish trendline
NZDUSD: Buy 0.6220 SL 25 TP 75 (DXY weakness)
AUDUSD: Buy 0.6780 SL 20 TP 70 (DXY weakness)
GBPUSD: Look for test and reject of resistance area, Sell 1.32 SL 30 TP 80 (DXY strength)
EURUSD: Buy 1.1150 SL 25 TP 50 OR Sell 1.1110 SL 20 TP 50 (Straddle)
USDJPY: Buy 142.80 SL 50 TP 150 (DXY strength)
USDCHF: Sell 0.8420 SL 30 TP 45 (DXY weakness)
USDCAD: Sell 1.3560 SL 30 TP 60 (DXY weakness)
Gold: Could range between 2570 and 2590, Looking for a test of 2600 and possible correction lower
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