fuse-forex

There's the clear hot zone...

Corto
FX:EURUSD   Euro/Dólar estadounidense
It's a big week ahead for currencies... FOMC will no doubt influence the direction of the US Dollar and price action says the EURUSD is going lower. The clear hot zone comes in at around 1.0900 and we would expect a heavy battle if price were to re-enter this level into the news, or upon receiving data from the Fed... Chances are high that the EURUSD could spike, and certainly stop hunt around this barrier, but irregardless - the odds still play this one to the downside. Time will tell, but if this is a real short - then it will be one of the bigger trades on the year.
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