Hi

In a couple of hours, there will be FOMC interest rate decision which will affect US dollar currency pairs. Though many predicts there will be no change of interest rate this time, currency markets could be very volatile around the announcement of the decision.

Technically, on a 4 hour chart, EURUSD is settling above 20 day moving average line, which indicates that upward trend might be ready. After the rate decision, long positions with EURUSD could be a choice.

Enjoy trading!
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