I will be trying to find a good spot to go long Usd before the rate rise today
It will be important to read the market mechanics well today
to see if there are more traders coming in long Usd before the Fed interest rate decision
The technicals call for Usd/Jpy taking out previous highs above 125
This is the US does indeed raise the rate and indicates another rise early next year
I must remind everyone - the rise is no certainty - trade with caution
I will be looking for some surprise in Eur - a bullish move in Eur may bring Usd down a bit
This will be the right place to buy, as any dip in Usd will be bought immidiately
Gl out there all, today
It will be important to read the market mechanics well today
to see if there are more traders coming in long Usd before the Fed interest rate decision
The technicals call for Usd/Jpy taking out previous highs above 125
This is the US does indeed raise the rate and indicates another rise early next year
I must remind everyone - the rise is no certainty - trade with caution
I will be looking for some surprise in Eur - a bullish move in Eur may bring Usd down a bit
This will be the right place to buy, as any dip in Usd will be bought immidiately
Gl out there all, today