FOMC Rate Decision EUR/USD

By JinDao_Tai
Updated
Looking for a stronger USD to accompany the FOMC rate decision to increase rates by 25 basis points.

This would be a good trade as it is aligned with the trend from the past couple of days.

If FOMC statement and press conference portrays optimism regarding the economy and indicates possibility for 4 rate hikes this year, we could see EUR/USD move even lower
Order cancelled
rates increased, but no indication for 4 hikes in 2018
hence the weaker USD
Beyond Technical AnalysisEUREURUSDfederalreserveFOMCForexFundamental AnalysisratesSELLTrend AnalysisUSD
JinDao_Tai
Join my mailing list jindaotai.com/joinme

Disclaimer