Shorting the EURUSD within 2-3 months
Macro Driver: Potential for the Federal Reserve (FED) to communicate their decision about the potential date for an interest rate hike with in the next 2-3 months. Accompanied by more communications from the European Central Bank (ECB) about more accommodative policies.
Trading Plan: Wait for an opportunity to go short on the resistance from the monthly down trend between the 1.37 - 1.38 range.
Trading Plan: Wait for an opportunity to go short on the resistance from the monthly down trend between the 1.37 - 1.38 range.
Disclaimer
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.