1.27 is a pivot level. I would look for that level to hold on first touch.
On the downside, I would look for the 100 & 200 HMA ( see chart) to provide initial support.
I would keep my positions light and stops tight until after the FOMC announcement on Wednesday.
On the downside, I would look for the 100 & 200 HMA ( see chart) to provide initial support.
I would keep my positions light and stops tight until after the FOMC announcement on Wednesday.
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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.