Today we're expecting FED's Interest Rate decision.
This is the most important event for the market right now!
We are also expecting volatility around the press conference which is 30 minutes after the news release.
Even though the Interest Rate should stay the same, there will be a lot of movement in price action.
It's probably best to reduce the risk if you're holding any open positions, and enter new trades after the news!
EURUSD remains in an uptrend by looking at the H4 timeframe.
Watch for some type of reaction around the support levels and a trend confirmation!
This is the most important event for the market right now!
We are also expecting volatility around the press conference which is 30 minutes after the news release.
Even though the Interest Rate should stay the same, there will be a lot of movement in price action.
It's probably best to reduce the risk if you're holding any open positions, and enter new trades after the news!
EURUSD remains in an uptrend by looking at the H4 timeframe.
Watch for some type of reaction around the support levels and a trend confirmation!
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❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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.