Trade Idea - Short EURUSD
The outlook of Brexit seems uncertain, and it seems that the negotiations will need more time to reach a conclusion.
Meanwhile, the FOMC Minutes may suggest U.S. dollar strength as the central bank appears to be on course to normalize monetary policy, ‘the Committee expects that further gradual increases in the target range for the federal funds rate will be consistent with sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee's symmetric 2 percent objective over the medium term.’
Techinically, price has broke through our support at 1.1530 and we look to short towards the previous low at 1.1450.
Meanwhile, the FOMC Minutes may suggest U.S. dollar strength as the central bank appears to be on course to normalize monetary policy, ‘the Committee expects that further gradual increases in the target range for the federal funds rate will be consistent with sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee's symmetric 2 percent objective over the medium term.’
Techinically, price has broke through our support at 1.1530 and we look to short towards the previous low at 1.1450.
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