Will Dollar Gain Heading Into The FOMC?

Last week we saw the dollar regain strength across all rivals including the euro.

Current price-action is now trading back in the slightly bullish tilted channel as displayed on the daily chart above.

On Wednesday, the federal reserve is likely to raise interest rates once again. This time, the market is expecting an increase of 25 basis point from 5.25% to 5.50%

As of writing this article, I certainly wouldn't be interested in going long with this pair until we can at least clear above the ascending channel resistance with price-action holding above the most recent high around 1.1268

With that said, I'm looking for short selling opportunities with this pair heading into the FOMC.